A.M. Update – CPI Cooler Than Expected

S&P futures are up +2.95%, they were up about +0.6% 30 minutes before the CPI report. The consumer price index increased 0.1% month-over-month in November (consensus 0.3%) after a 0.4% increase in October. The core consumer price index, which excludes food and energy, rose 0.2% in November (consensus 0.3%) following a 0.3% increase in October….