As Rabobank's Michael Every writes this morning, "nobody is going to get excited about any economic data until Thursday’s US CPI report" and he is of course correct, so instead of analyzing real-time data Wall Street has taken on to building scenarios and forecasts what to expects at 830am ET tomorrow and how the market will react to it. Perhaps the most succinct summary of the big picture ahead of what may be the most important CPI print in years - one which could push the Fed to hike 50bps in March if we get another sizable beat - comes from BofA's trading desk which writes that we are approaching the "CPI print ... (full story)