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US Armada Near Iran Forces Airline to Cancel Flights

Ira Epstein discusses the current state of the metal markets, highlighting the anticipation of the delayed durable goods orders report due to a government shutdown. He expresses skepticism about reaching a budget deal by the month's end due to political tensions, particularly surrounding ICE funding and recent controversial events. Epstein also touches on geopolitical tensions in the Middle East, including the U.S. Naval Armada's presence near Iran and the potential impact on oil transport through the Strait of Hormuz. Additionally, he mentions severe winter weather conditions affecting parts of the U.S., notably in the Midwest.

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