Financial Markets Report For Wednesday, Sept 3
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In this video, Ira Epstein discusses the current state of financial markets, noting mixed signals in stock indices and advising caution with long positions in the Russell due to lost momentum. He highlights the impact of the JOLTS report, which showed a significant drop in job offerings, potentially influenced by factors like AI and tariffs, and suggests that this could lead to a Federal Reserve rate cut.
Epstein also touches on upcoming economic data releases, such as the Challenger job cuts report and ADP job numbers, and comments on the political and economic climate, including ongoing tariff disputes and local issues in Chicago.
Video Length: 00:10:39
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