It's CPI and Fed Day — Best Not to Leave Your Desk

CPI (focus on rents and insurance), Fed dot plots and projections are all key today

Highlights

• CPI (focus on rents and insurance), Fed dot plots and projections are all key today

• S&P 500 breadth is deteriorating, and concentration is on the rise

• Can mega-cap Tech keep delivering on earnings growth expectations

• The BLS Birth-Death model creates an illusion of a strong jobs market