Financial Markets Report For Monday, Aug 4
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In this video, Ira Epstein discusses the financial market landscape as of August 4, 2025, highlighting recent earnings reports, particularly from Palantir (PLTR), which positively influenced the Nasdaq. He previews upcoming economic data releases, including the June trade balance and U.S. retail sales, and comments on the traditionally volatile nature of August for stock markets.
Epstein also examines inflationary trends, noting rising consumer prices and their potential impact on the gold market. He suggests that the stock market may need to consolidate recent gains, as evidenced by recent chart patterns showing a higher high followed by a lower low.
Video Length: 00:14:18
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