Posted 9:00 AM ET - The Market broke out to a new all-time high on Monday when hurricane damage was less than expected. Since then the trading ranges have been extremely tight during the day. Gains will consolidate ahead of the FOMC statement next week and the breakout could be tested. The market is prepared for balance sheet reduction and a rate hike in December when the Fed meets next week. Any mention of hurricane induced inflation might spook investors. That would signal additional tightening in 2018. The CPI came in a little hot (.4%) and the market reaction this morning …