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Washout in Metals, but Some Down to Import Support Areas

Ira Epstein covers recent events, focusing on the impact of the Federal Reserve's announcements on the metal markets and broader financial landscape. He discusses the negative market reactions following the Fed's press conference, noting declines in both the stock and metal markets, and highlights the strength of the U.S. dollar and changes in currency markets, particularly the yen. Additionally, Epstein touches on mortgage rates, energy market movements, and upcoming economic data releases, including housing starts and jobless claims. He also shares a personal anecdote about his internet issues and his plans to address service disruptions.

 

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