Financial Markets Report For Tuesday, Sept 2
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In this video, Ira Epstein discusses the significant sell-off in global stock markets, highlighting that major indices like the DAX and S&P have declined as traders returned after the summer break. He notes the historical underperformance of September in stock markets, contrasting it with the recent record highs in August.
Epstein also touches on political uncertainties, such as challenges to President Trump's tariffs and legal battles, which contribute to gold reaching $3,600 due to the prevailing uncertainty. Additionally, he comments on the rising long-term bond yields globally and the lack of expected rate cuts.
Video Length: 00:10:24
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