So here's what went down—the "smart money" was dead set on inflation climbing higher last month. But then the data dropped, and boom: inflation actually cooled off instead.

This completely flips the narrative. Think about it: if price pressures are easing, the Fed's got room to be more aggressive with rate cuts. Faster GDP growth becomes a real possibility. And when those two pieces click into place? Asset prices tend to follow suit.

It's a reminder that market predictions don't always pan out the way the pros think. The inflation forecast was wrong, and now the whole chain reaction could benefit risk assets.