Financial Markets Report For Wednesday, Sept 16

Ira Epstein analyzes the Federal Reserve's hawkish stance on inflation and the resulting market volatility.

Source: DepositPhotos

Ira Epstein discusses the challenges he faced with internet connectivity, impacting his ability to provide regular financial updates. He covers the recent Federal Reserve meeting, criticizing the Fed chair's communication style and the decision to raise interest rates in an effort to reduce inflation to 2%.

Epstein explains the market's negative reaction to the press conference, noting declines in metals and slight increases in interest yields, while stock indices experienced a rally.

He also touches on geopolitical tensions involving Saudi Arabia, Iran, and the Houthis, highlighting ongoing energy market uncertainties.

Video Length: 00:12:00

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