If CPI comes in tame, the market has little resistance ahead until earnings season arrives with the only force strong enough to change the trend; Private credit is quietly rebounding fast now.

Once CPI prints on Thursday and it is in line or cooler than expected

Then there is very little in the way of the market running for the next few weeks at the very least.

All important catalysts will be out of the way.

The market has, by all accounts, handled the storm very well since the 10th of October drop

Meaning something substantial will be needed to change its trajectory right now…and for me that is looking like the next Earnings Season

And as long as Trump doesn’t cause any more wild flash crashes.