The combo of PPI/CPI results reinforce the idea that the Fed doesn’t need to adjust rates for now, notes Kevin Gordon. He discusses how flat inflation data affects the Fed’s rate cycle. He previews the next FOMC meeting which takes place December 12-13. He also talks about the ripple effects from President Biden and Xi Jinping’s meeting. He then goes over what the recent market rally suggests headed into the year’s end. Tune in to find out more about the stock market today.