In what would have seemed like a miracle on Wall Street last week, a fifth up day in a row is simmering away for stocks this morning.

The Teflon equity market we know and love resurfaced yesterday as it marched onwards and upwards, past inflation data and a pop higher in the 10-year Treasury yield nearer the 3% line-in-the-sand. VIX futures this morning are under 20.

The only problem is that it all looks a little too easy, like a “Scooby-Doo” mystery that’s all squared away in the first 10 minutes….

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