Morning Dose #317: In-Line CPI, Coin-Flip Hike Odds, and the 1PM Auction Test – Wednesday 8/12/2026

Episode summary

CPI comes in dead-on consensus, sparking a futures rally and a global risk-on move, but short-term breadth quietly cools even as intermediate trends hold. The team breaks down the sector divergence, AI-driven earnings momentum from CoreWeave, Super Micro, and CAVA, and lays out a controlled-risk playbook keyed off today’s 1pm ten-year Treasury auction.