Don't you mean "who gives a shit about inflation?" Because that's what we'll get (more of). Of course, the market (which is just algos and robots) hasn't yet realized that this means QE3 is looking much less likely.
I'm long the EUR from last night, but I sold out my ES long before this 5 minute spike. Too much dumb money in Equities right now... and the smart player's aren't buying it...