A.M. Update

S&P futured are up +0.75%, but have seen some substantial volatility from the CPI report and are now higher. The Consumer Price Index (CPI) fell -0.1% in December (consensus 0.0%). Core-CPI rose 0.3% in December (consensus +0.3%) following a 0.2% increase in November leaving the YoY rise at +5.7% – lowest since Dec 2021. Goods…