Financial Markets Report For Wednesday, May 27

Geopolitical tensions are impacting energy markets as the S&P 500 moves sideways near record highs.

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Ira Epstein discusses recent geopolitical tensions, highlighting a US military action in Iran and subsequent retaliatory drone strikes, which have influenced market dynamics, particularly in the energy sector. He outlines upcoming economic data releases, including the second look at the first quarter GDP, income spending, and jobless claims, and reminds viewers of a limited-time 40% discount on his research courses.

Epstein also analyzes the gold market's reaction to war news, noting a bearish trend and advising short covering rather than long positions.

Additionally, he reviews the S&P 500's performance, noting its sideways movement despite reaching an all-time high.

Video Length: 00:11:49

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