Ira Epstein discusses the current state of the financial markets, highlighting the highs in the stock market driven by AI-related stocks, such as Ford’s recent surge. He addresses the significant declines in metal markets, with silver and copper experiencing notable drops, and speculates on potential future movements in gold prices. Epstein also touches on rising global interest rates and the impact of inflation, while anticipating upcoming economic data releases, including the New York Empire State Manufacturing Survey and Federal Reserve reports. Additionally, he comments on the implications of the summit between President Xi and President Trump, particularly concerning trade agreements and Boeing’s aircraft orders.
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