Market Update – The Market Has The Data It Wanted. Let’s See What It Does with It.

12:36 p.m. ET The U.S, market really couldn’t ask for better data this week, supporting the soft-landing scenario: Inflation coming down (PPI more than expected and CPI as expected) and Retail Sales blowing away consensus; Initial Claims came down (recall they were very high at 250k a couple of weeks ago) and Continuing Claims came…