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In this video, Ira Epstein discusses the market's reaction to Friday's rally, suggesting that while there is a pullback today, trends may still be shifting towards interest rate cuts. He notes the high probability of a September rate cut, especially if the upcoming jobs report is weak.

Epstein touches on the impact of potential rate cuts on inflation and currency movements, particularly the dollar and euro. He also comments on geopolitical tensions between Ukraine and Russia, the favorable weather for Midwestern crops, and the recovery of bonds and notes.

Additionally, he highlights upcoming economic data releases and their potential influence on Federal Reserve actions. 

Video Length: 00:04:40

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