December Core CPI Print Could Be A Game Changer

I remain in the 50 BP camp, says Larry Shover. He discusses the market outlook for the rest of the year. He notes that the December 13th core CPI print could be a game changer is it doesn't conform with the +0.2-+0.4% range estimates. He also talks about how this would complicate the Fed's messaging surrounding the timing of a potential downshift. He then looks at trends in the treasury market. He also goes over the takeaways from the most recent FOMC minutes. Tune in to find out more about the stock market today.