Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life.

Good evening and welcome into Dividend Cafe this Wednesday, September the 10th.

Brian Sightel is with you here from our West Palm Beach, Florida office on a mix of day overall in markets.

We had some volatility, mostly around a producer price index number that we got, where equities closed off of the lows.

The Dow is down about a half of a percent, which is 220 points.

S&P was up about a third of a percent.

NASDAQ was basically flat. It was up six points. Ten year was down

about four basis points, a little less. We closed it about 404 on tens. We had a pretty good

10-year auction was up a little bit. Cryptocurrencies were down a bit. So just a mix bag

across the board. And again, a lot of this

was around this producer price index. So let's walk this through a little bit. What we were expecting,

and this is the inflation read on the wholesale inventory on the producer side before products

are finalized and get sold to consumers. But for August, headline and core were the same number.

So you had an expectation for a 0.3% gain on

headline that would have put year over year somewhere near 3.1. And what you end up getting

on both headline and core was a loss actually of 0.1. So it's a pretty big move lower on this

indicator for inflation on the wholesale level. Two-tenths

of a percent is decent. That puts year-over-year numbers for headline at now 2.6, and it puts

a year-over-year number on core at 2.8. So we're into the twos now, and I know this was a number

that was much lower than expected. And so you got some volatility this

morning around it. Equities were a little higher, although there was some geopolitical turmoil

overnight. And so that was a little muted. And then fixed income rallied and they had rates drop a

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