A.M. Update

S&P future’s are up +0.4% as CPI came in at consensus. Total CPI was up 0.3% in November (consensus 0.3%) following a 0.2% increase in October. . The 0.3% MoM rise pushed headline CPI up 2.7% YoY. Core-CPI, which excludes food and energy, was up 0.3% in November (consensus 0.3%) following a 0.3% increase in…