• We would expect today to be a quiet day in front of tomorrow’s CPI data, but that hasn’t always been the case before an important scheduled announcement in recent months.  So, we’ll want to remain nimble today.
  • We’re seeing some cracks in Europe’s stock market…so if that market falls much further from here, it will raise some warning flags.  That, in turn, would signal that this market is going to have a much harder time keeping up with the U.S. market…compared to how it well it has kept up over the past 6 months.


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