Financial Markets Report For Tuesday, June 24
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In this video, Ira Epstein discusses the recent geopolitical tensions following the U.S. bombing of Iran and questions the effectiveness of the military actions, particularly concerning Iran's uranium stockpiles. He notes the market's positive reaction to a ceasefire despite ongoing sporadic conflicts.
Epstein highlights movements in the gold, silver, and copper markets, suggesting a possible squeeze play on the London Metal Exchange.
He also covers the Federal Reserve's stance on potential interest rate cuts, emphasizing the Fed Chair's openness to adjusting rates based on upcoming economic data. Additionally, he mentions the impact of global central banks' interest rate cuts and anticipates developments regarding U.S. tariffs.
Video Length: 00:16:53
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