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Jerome Powell
Federal Reserve Governor Jerome Powell delivers remarks during a conference at the Brookings Institution in Washington.
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Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange
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Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange
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Well, well, well if it isn't another CPI day. Phil Rosen here — March's inflation report is due at 8:30 a.m. ET today.

Here's how FactSet data predicts things to shake out: 

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Happy Friday eve, readers. I'm Phil Rosen. As a financial journalist, I'm always trying to distill complex ideas into plain language (for my own understanding as much as yours). 

As for Opening Bell, I've found it helpful to remember that the stock market operates as a zero-sum game.

Like poker or chess, one player's win means another player's loss. 

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Mohamed El-Erian
Mohamed A. El-Erian, CEO and co-CIO of PIMCO, takes part in a panel discussion titled "Global Markets in Uncertain Times" at the Milken Institute Global Conference in Beverly Hills, California April 29, 2013.