Editor's Note

With no headline wind to give the market direction, equities are floating on a calm sea. Unfortunately, ships can still sink in a quiet sea as investors find some minor point to blow out of proportion and cause selling. Friday's CPI is not likely to be a market mover. If anything, weekend event risk may come back to haunt us. Tesla's board kicking Elon Musk out of the boardroom could also create a ripple even though it should not impact any equities other than Tesla shares. When there is a headline void, something will always appear to fill it.

 

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