Gold, after achieving yet another All-Time High yesterday (3715) is at present (3681) above its Neutral Zone for today, as is Oil; the balance of the BEGOS Markets are within same, and volatility is light with key inflation data pending these next two days. The S&P 500, whilst not exceeding its all-time intraday high (6533 last Friday), settled yesterday at an all-time closing high of 6513. For the Spoo, its “Baby Blues” (see Market Trends) having in real-time stopped their descent; however that doesn’t preclude significant market downside it being September and the S&P “priced to perfection” incorporating a Fed rate cut. Still as noted, the final two pieces in the Fed’s inflation puzzle come today via August’s PPI which spiked in July, and tomorrow for the CPI which may well be upwardly affected by the July PPI as it leads the CPI by a month. Mind the Econ Baro.