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In this video, Ira Epstein discusses the current state of financial markets, highlighting a loss of momentum in stock indices and the gold market, suggesting that the recent upward trend may have run its course. He notes geopolitical tensions, such as NATO's readiness to counter Russian actions, which could impact market dynamics.

Epstein also covers the energy sector, mentioning the impact of Russian-Ukrainian conflicts and upcoming sanctions on Iran, which could affect oil supply and prices. Additionally, he observes the dollar's recent strength, rising interest rates, and their effects on mortgage rates and homebuilders.

Epstein also previews upcoming economic data releases, including personal income and spending figures, and comments on surprisingly strong GDP and jobless claims data.

Video Length: 00:12:14

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