PPI came in with a mixed signal for the market.

Headline PPI jumped to 5.4% YoY, but core PPI cooled to 0.2% MoM.

That gives the Fed a bit more to think about before making its next move.

BTC and SPX are holding up for now, while gold could stay unpredictable.

Still watching the macro closely. 👀

$BTC $SPX $XAU