prices going up = doom and gloom (hyperinflation around the coner!)
prices going down = doom and gloom (recession around the corner!)
zerohedge and all the doom porn cucks will always find a way to spin anything into a negative.
In the meantime, the fed explicitly wants to make prices go down, and they will continue to try and make prices go down.
As for asset markets, historically a rising CPI is bad for asset prices and a falling CPI is good for asset prices.
1970s = rising CPI = falling stocks, bonds, and real estate.
1980s = falling CPI = rising stocks, bonds, and real estate.