Financial Markets Report For Monday, Aug 24

Ira Epstein analyzes the geopolitical fallout of using SWIFT sanctions against Iran and the potential inflationary impact of shifting US financial policies.

Source: DepositPhotos

Ira Epstein discusses the recent developments in U.S. financial policies, focusing on the potential use of the SWIFT exchange program as a tool to restrict countries doing business with Iran. He highlights the geopolitical implications of these actions, particularly concerning China, India, and other countries in the Middle East, and questions the effectiveness of such measures.

Epstein also touches on Scott Besson's comments about capping long-term rights and the potential inflationary impact of these policies, noting the significant financial resources available for implementation.

Additionally, he mentions upcoming economic indicators such as Redbook retail sales and K. Schiller numbers.

Video Length: 00:12:33

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