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In this video, Ira Epstein discusses the current state of the financial markets as of August 19, 2025, noting a sell-off in the stock market despite a previously bullish outlook. He highlights stability in metal markets, a slight rise in the dollar, and challenges faced by the energy and grain markets.

Epstein emphasizes the market's cautious stance ahead of Fed Chair Powell's upcoming speech at Jackson Hole and mentions potential impacts of recent rains on soybean crops. He also points out upcoming economic data releases, including Mortgage Bankers Association numbers and Fed minutes, which could influence market movements.

Video Length: 00:07:17

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