I just went through the August PPI numbers and the picture is pretty mixed. Headline PPI came in at 5.4% YoY, with monthly PPI at 0.4% as expected. But core PPI? Only 0.2% MoM vs 0.3% expected. Energy was also a big driver, jumping 4.2%. So I'm seeing hot headline inflation, but some cooling underneath. That makes the Fed outlook interesting and probably means more volatility across markets. I'm keeping an eye on SP500 and $BTC here. If core stays soft, risk assets could still have room. Gold might be a bit choppy while rate expectations adjust. Been tracking SP500 and other TradFi setups on BingX. #PPI #BingX