Ira Epstein discusses the current state of financial markets in his evening wrap-up on August 17, 2026. He highlights the seasonal tendencies in stock indices, particularly the S&P, which often sees buy signals and potential rallies from mid-August to mid-September, although these patterns do not always hold.
In the metals market, he notes a slight pullback with gold gaining on silver, while the dollar remains weak and the Japanese yen is affected by potential interest rate hikes from the Bank of Japan.
Epstein also touches on geopolitical tensions in the Middle East, particularly between the U.S. and Iran, and provides an overview of upcoming economic reports and earnings from major retailers like Walmart (WMT) and Home Depot (HD).
Video Length: 00:15:44
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