Ira Epstein discusses the geopolitical tensions involving Iran and the United States, highlighting a speech by the President at NATO where he announced renewed military actions against Iran.
Epstein notes the impact of these developments on the metal markets, observing that while prices have dropped, they are not at their lowest, suggesting market desensitization to the ongoing conflict.
He also previews upcoming economic data releases, including jobless claims and home sales, and emphasizes the prolonged nature of the conflict with Iran, which continues to affect global trade dynamics, particularly in the Strait of Hormuz.
Video Length: 00:09:37
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