Image Source: Pixabay

In this video, Ira Epstein discusses the significant announcement of a ceasefire between Iran and Israel, brokered by President Trump, which aims to end the 12-day conflict. He highlights the potential implications for peace and the challenges ahead, including unresolved issues such as enriched uranium.

Epstein also previews upcoming economic data releases, including the current account deficit, retail sales, and consumer confidence indices, and discusses the Federal Reserve's role, focusing on labor and inflation.

He notes the market's reaction to geopolitical tensions, particularly in oil futures, and mentions the possibility of July rate cuts by some Federal Reserve members.

Video Length: 00:14:10

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