CPI Goes Blutarsky

 Zero. Point. Zero. 

Remember 2008? Here's the CPI report for August 2008:

Crude oil peaked in July 2008. It peaked in June 2007 2022.

The JPM "guru" Kolanovic: JPMorgan’s Kolanovic Says Time to Trim Stocks, Buy Commodities. Probably not the best idea.

All the conditions are in place for a rally in stocks with oil down and interest rates down. Now we'll see how this shakes out. For now, the one area that looks cleanest is dollar weakness.

I thought we might get one more pop in stocks and here it is. The Nasdaq is about 5 percent away from a 25 percent rally.