Early Update – Fast Moving, Indecisive Trade

11:04 a.m. ET This is a fast moving, volatile, knee-jerking market this morning. I’m going to keep this post brief until there’s some clarity. As described yesterday, the stock market and bond market have diverging views and those persist this morning. Briefly reviewing the CPI – Total CPI increased 0.5% month-over-month (consensus 0.5%) following last…