The stock market has taken the latest inflation data, higher oil prices and now the UAW strikes in stride, notes Jeffrey Kleintop. He discusses why the bank of Japan is the wild card this week and what markets are most exposed to Japan. He highlights that the BOJ may have sufficient information to judge the sustainability of wage growth by the end of the year. He talks about what could shake the markets out of its quiet mode. He previews the FOMC decision which will be announced tomorrow at 2pm ET, as the Fed is expected to deliver a hawkish pause at this meeting on Wednesday. He also discusses central bank balance sheets impact on S&P 500. He mentions that central bank balance sheets are acting as a drag on the overall stock market while the AI stocks pull the market higher. Tune in to find out more about the stock market today.