VIX at 17 is wrong... S&P 7600 is key, WTI tops $100, VVIX hits 100, Mrs. Watanabe battling Bessent...

(Bloomberg) -- Stocks joined bonds lower as oil prices rallied, fueling concerns about inflationary pressures that could make the Federal Reserve raise interest rates.

"Today’s PPI report matters, but probably not enough on its own to change the Fed’s decision next week"