Image Source: Pixabay
 

In this video, Ira Epstein discusses the recent developments in the financial markets, focusing on the volatility in stock indices due to mixed economic data. He highlights the impact of the U.S. government shutdown on labor statistics and the skepticism around recent CPI figures, particularly concerning rent costs.

Epstein also previews upcoming economic indicators, including the University of Michigan's consumer sentiment index and existing home sales data, while noting the Bank of Japan's anticipated interest rate decision.

He concludes by analyzing the S&P 500 index, which is currently in a corrective phase, and identifies key support levels.

Video Length: 00:10:18

More By This Author: