Morning Flash Report For Tuesday, Aug 12
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In this video, Ira Epstein discusses the latest economic indicators and their implications for the markets in his morning flash update. He covers the NFIB Small Business Optimism Index, which rose to 100.3, and the Consumer Price Index (CPI), noting that energy prices decreased by 1.1% while food prices remained flat.
Epstein also highlights President Trump's nomination of E.J. Antony to head the Bureau of Labor Statistics and the potential political challenges this may face. He examines market reactions, including slight declines in gold and silver prices, an increase in copper due to extended trade leniencies with China, and the potential impact of these developments on the U.S. dollar and Federal Reserve's monetary policy decisions.
Video Length: 00:06:20
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