Stocks pulling back and into negative territory ...Middle East

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Stocks pulling back and into negative territory
Major US indices have now turned into negative territory:Dow Industrial Average verse -7 points or -0.02%S&P index -8.26 points are -0.16%NASDAQ index -70 points or -0.42%Adam warned of a "sell the fact" in his post yesterday saying:"This is certainly going to be a market mover and I worry about the stock market if inflation is high. There has been a dry spell for tier-1 data in US markets but I wonder if we don't see a 'sell the fact' trade. What has me worried is that the bond market has faded the entire CPI move, despite a lower reading. If CPI can't lead to a sustained move, why should a more-dated report?Now that assumes we don't get a miss of more than 0.1 pp on the month-over-month co

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