Bob Iaccino breaks down the latest market movements, highlighting mild gains in stocks despite lagging Dow and S&P futures. He discusses the stronger-than-expected Eurozone core CPI and U.S. retail sales, noting the impact of inflation on consumer data. The update previews Kevin Warsh's first FOMC meeting as Fed Chair, emphasizing the importance of the upcoming Summary of Economic Projections and potential shifts in communications. Additionally, Iaccino touches on the Bank of England's expected rate decision and highlights upcoming earnings from Accenture and Kroger.