 When compiling my small-cap stock picks, I tried to choose names that seemed to be benefiting from this new, more risk-on environment. Among the encouraging features of the August Consumer Price Index report were the 0.1 month-over-month increase in the headline number and the deceleration of the year-over-year CPI to 8.3 from 8.5 in July, Additionally, the increase in the labor participation rate last month should put downward pressure on wages. 