US Markets Await Inflation Data After Pullback

After hitting all-time highs last week, US markets pulled back on Monday as oil and yields rose. All eyes are on this week's CPI/PPI and retail sales data, which will be critical catalysts. Earnings strength provides a floor, but bond market skepticism (30-year yield at 5.2%) and extreme bullishness indicators (BofA Bull & Bear at 9.7) add caution.