Morning Flash Report For Thursday, Sept 11
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In this video, Ira Epstein covers a range of topics in his Morning Flash Update for September 11. He reflects on the significance of the date and recent tragic events before transitioning to financial markets.
Epstein notes that gold is down, silver is slightly up, and stocks are generally rising. He discusses the European Central Bank's decision to keep interest rates unchanged and the unexpected increase in U.S. weekly jobless claims.
Epstein highlights rising U.S. consumer prices and speculates on potential Federal Reserve rate cuts, mentioning the possibility of a larger cut due to inflation and economic pressures. He also touches on natural gas storage numbers, the federal budget deficit, and movements in the grain market.
Video Length: 00:04:10
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