1516 ET - The market appears to be looking past the soft core Producer Price Index readout for August, Fifth Third Wealth Advisors' Chris Osmond says in a note. Despite the weak headline number, there were big jumps for airfares and healthcare, the year-over-year rate accelerated sharply and there were upward revisions to the July level, Osmond says. That all combined to largely neutralize the month-over-month beat, he says. Combined with elevated oil prices and a live Federal Reserve meeting next week, investors are seeing the print as inflationary, Osmond says. The odds of a rate-hike are firming up, sending stocks lower and yields higher, he says.