S&P 500 going nowhere, repelling selling pressure concentrated to value as tech mostly defended the daily ground – that‘s a fair summary of the stock market going into today‘s CPI. VIX rising and the put/call ratio as complacent as can be, are signs of quite some moves ahead. [soros] Q1 2021 hedge fund letters, conferences and more I won‘t go into the transitory vs. getting permanently elevated inflation arguments too much today – see them covered in detail namely on Jun 08, Jun 02, May 27, May 17, and May 12. Over the coming month – most likely starting with the CPI readings for September – t…

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