Truflation’s move matters. But the bigger signal is what inflation volatility is doing to market structure. When pricing pressure starts shifting across multiple categories at once, the market usually becomes more selective beneath the surface. That’s exactly what our AQPulse dashboard is showing today: • breadth still weak • leadership still narrow • single-stock stress still elevated • defensive rotation still firm The headline can stay calm a bit longer. The internals usually don’t lie for long.
