Good morning friends and welcome to SignalPlus's daily macro commentary. The big main event in the week didn't disappoint, with the CPI release jolting cross assets into a big rally with headling coming in at 8.5% yoy and core at 5.9%, both weaker than expectations. US equity markets show up between 2-3% in the main indexes, with Materials and Tech leading the way higher. It was pretty much a classic case of risk-on across the board. Bonds also screamed with 2s rallying about 20bp, ...