Financial Markets Report For Monday, July 13

Rising US-Iran tensions and a port blockade heighten geopolitical risks as investors await crucial CPI and PPI data.

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Ira Epstein discusses the escalating tensions between the U.S. and Iran, highlighting the U.S. President's decision to enforce a full blockade on Iranian ports and the potential for further military actions. He notes that this aggressive stance could lead to retaliation from Iran, stressing the importance of maintaining a balance to avoid excessive conflict.

Epstein also touches on upcoming economic data releases, such as the CPI, PPI, and bank earnings, emphasizing their significance in assessing inflation trends and potential Federal Reserve actions on interest rates.

Video Length: 00:10:15

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