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  • Oil Just Put PPI on High Alert

Oil Just Put PPI on High Alert

Brent jumped 3.4% above $100 as yields rose and stocks fell for a third straight day.

Market Minute
Market Minute

Sep 10, 2026

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Elon is right. But you don't have to wait 20 years.

Editor's Note: Robert Kiyosaki, author of Rich Dad Poor Dad, the #1 personal finance book of all time with over 40 million copies sold, has spent decades teaching everyday A6mericans how the wealthy actually build income. He called the 2008 housing crash before it happened, warned investors to buy gold and silver well before their historic runs, and has been pounding the table on cash-flowing assets for over 30 years. Today, he'll show you an income play funded entirely by America's oil and gas infrastructure. One that's already paying some investors $25,000 a month and is the closest thing to universal basic income that may ever exist. Click here to see the details or read more below.

Elon Musk has been saying the same thing for almost a decade:

"Universal basic income is coming." It's not a question of if — it's when.

And he's right.

AI is already displacing millions of jobs. One report says 40% of all jobs could be automated within the next decade.

When that happens, the government will have no choice but to pay people. The money will come from the companies profiting from AI — through robot taxes, automation fees, or it could even come from a sovereign wealth fund like Alaska has with oil.

That's how Universal Income will get funded. That's how it will become real.

But here's the problem: Washington moves at a snail's pace. This could take 20 years.

So while Musk tweets and Congress holds hearings, what are you supposed to do? Wait?

I don't think so.

The way I see it, universal income already exists.

It's not funded by robots or AI. It's funded by America's oil and gas infrastructure — and it pays 10% a year, 42 times a year, to everyone who holds units.

I call it the Patriot Income Plan. It's made up of 14 partnerships — and it's already paying out.

In 2020, it paid out $28.8 billion. This year, it's expected to pay out $53 billion.

Think of it as your own personal sovereign wealth fund. Funded by American energy. Paying you like clockwork.

One investor collects $4,800 a month. Another pulls in over $25,000.

Elon is right. UBI is coming. But you don't have to wait.

Enrollment is easy.

Click here to see the details

Sincerely,
Robert Kiyosaki
Editor, The Kiyosaki Letter

$100 Oil Hits Before PPI

Wall Street fell for a third straight day Wednesday. Brent closed at $101.21. The 10-year Treasury yield hit 4.841%. The S&P 500 fell 0.48%.

And Thursday brings PPI. That gives the Fed a simple question: Are higher oil costs starting to show up in producer prices?

What Moved

Wednesday, September 9

  • The S&P 500 fell 0.48% to 7,636.46.

  • The Nasdaq fell 0.64% to 26,253.34.

  • The Dow dropped 0.77% to 52,381.02.

  • The Russell 2000 fell about 1.3% to 2,921.23.

  • The 10-year Treasury yield rose to 4.841%.

  • Brent crude jumped 3.4% to $101.21 a barrel.

  • WTI crude rose 3.25% to $96.05.

  • Gold gained about 1% to roughly $4,396 an ounce.

  • The U.S. Dollar Index edged up 0.05% to 98.83.

  • The S&P 500 energy sector gained 1.1%.

  • Every other major S&P 500 sector finished lower.

  • Meta rose about 6%.

  • Apple slipped 0.3%.

  • Alphabet fell 2.3%.

Why It Moved

Oil led the day. Brent closed above $100 at $101.21, its highest close since May. WTI finished at $96.05. The move came as fighting near the Strait of Hormuz raised fears that more oil supply could be lost.

That matters because the Strait carries a large share of the world’s oil. Any deeper disruption can cut supply fast. Wednesday showed how quickly traders can react. Brent rose 3.4% in one session. WTI gained more than 3%. That pushed another cost signal into stocks and bonds.

Stocks Fall for a Third Day

The Dow lost 0.77%. The Nasdaq fell 0.64%. The S&P 500 dropped 0.48%. Small caps fell even more.

The Russell 2000 lost about 1.3%. The selling was broad. Energy was the only major S&P 500 sector to rise. Every other sector finished lower. Decliners outnumbered gainers by more than 4-to-1 inside the S&P 500. That matters. Wednesday was not one weak stock or one weak group pulling the market down. Most stocks fell.

Energy Is the Clear Winner

Oil stocks moved higher with crude. The S&P 500 energy sector gained 1.1%. That made energy the only major sector to finish higher. The reason is simple. Oil producers can earn more when crude prices rise. But higher oil hurts many other companies.

Airlines pay more for fuel. Truckers pay more for diesel. Factories pay more to ship goods. Stores can face higher delivery costs. Consumers can pay more at the pump. That is why $100 oil can help energy stocks while hurting the rest of the market.

Bond Yields Climb Again

Treasury yields also moved higher. The 10-year yield rose to 4.841%. Oil was part of the pressure. But it was not the only driver. Treasury’s bond-buyback plan also affected the market. The government said it would buy up to $6 billion of 10-to-20-year bonds.

That was more than the $4 billion first signaled. Even so, buyers still wanted higher yields. That kept the 10-year near 4.85%. Higher yields matter for stocks. Companies pay more to borrow. And investors can earn more from bonds without owning shares. That makes high-priced stocks harder to support.

Meta Jumps While Most Stocks Fall

Meta was one of the day’s clear winners. Shares rose about 6% after the company launched Muse, its new AI assistant. The gain stood out because most of the market fell. Apple moved the other way. Shares slipped 0.3%.

Alphabet fell 2.3%. That split shows investors are still buying some AI names. But they are not buying the whole group. With the 10-year near 4.85%, companies now need stronger news to move higher.

Gold Rises With War Fears

Gold gained about 1% to roughly $4,396 an ounce. That came even as Treasury yields rose. Usually, higher yields can hurt gold because gold pays no interest. But Wednesday brought a stronger reason to buy it.

War risk rose. Oil crossed $100. Shipping risk near Hormuz increased. That pushed some buyers toward gold. So gold rose even while bond yields climbed.

PPI Comes Next

Thursday brings the Producer Price Index. That report tracks prices paid by U.S. producers. It now lands with Brent at $101.21. That makes the number more important. If producer prices run hot, traders can push Fed hike odds higher.

Bond yields can rise again. Stocks can fall further. If PPI cools, yields may ease. That could give stocks some relief before Friday’s CPI report. Friday then brings the bigger consumer inflation number. The Fed meets on September 15–16. There is very little time left.

Why It Matters Now

Wednesday left markets with a short list of hard numbers:

  • Brent closed at $101.21.

  • WTI closed at $96.05.

  • The 10-year yield hit 4.841%.

  • The S&P 500 fell 0.48%.

  • The Nasdaq fell 0.64%.

  • The Dow lost 0.77%.

  • The Russell 2000 fell about 1.3%.

  • Energy gained 1.1%.

  • Every other major S&P 500 sector fell.

  • Gold rose about 1%.

  • PPI arrives Thursday.

  • CPI follows Friday.

  • The Fed meets September 15–16.

Wall Street now has $100 oil and a 4.84% Treasury yield at the same time. Thursday gives traders the next hard number. If PPI is hot, yields can rise again. If it cools, stocks may get relief.

Then CPI lands Friday. Brent closed at $101.21. The 10-year hit 4.841%. Stocks fell for a third straight day. PPI arrives Thursday. CPI follows Friday. Oil is already above $100. Now the price data shows whether the Fed has to react.

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