The market is already pricing in an “all clear” through the end of the year, notes Zed Francis. He discusses what we learned from today’s inflation data. He also suggests to approach with a focus on portfolio construction over any tactical adjustments. He highlights that it’s easiest to think about an adjustment in portfolio construction during times of calm than mid panic. He looks at if bears toast after CPI and if today’s CPI signals the end of the Fed’s hiking cycle. Tune in to find out more about the stock market today.