Is The Latest CPI Report Truly Positive For Markets?

<p>The S&amp;P 500 Index or SPX is moving higher today following the Consumer Price Index or CPI report. This is a pivotal number for the Federal Reserve. Bob Iaccino says that we should be careful when examining this data as the Core CPI month-over-month is higher than previously. Iaccino also states that he expects yields to continue to drop. Housing data could also be impactful.</p>