Charles Schwab's Cooper Howard talks about how the market "can breathe a little sigh of relief" in the latest CPI print. He makes the case the Fed will "shut the door" on an interest rate hike this month but warned elevated inflation risk will persist. Michelle Gibley talks about the "tale of two cities" between South Korea and China, as the former sees strong tech earnings while the latter lags. However, Michelle notes that the South Korean outperformance comes with strong volatility.