Even stock market bulls need a rest sometimes.The stock market decline more than a week ago was kicked off by higher-than-expected wage increases that showed up in the January jobs report. Higher wages are raising the specter of inflation. As a result, interest rates have risen rapidly as investors and traders anticipate that the era of benign inflation may be coming to an end. Does it make sense to wait until the next inflation-related data point is released before making big buy or sell decisions in the markets? If yes, please read on. The Morning Capsule that is made available to the subscribers to The Arora Report every day before the market open said: “From a fundamental perspective, the reason for the downdraft is the specter of inflation. On Wednesday morning at 8:30 a.m. ET, the Consumer Price Index (CPI) will be released. The smart money appears to be waiting for this data before acting.”via