In this video, Ira Epstein discusses the market's reaction to the recent jobs report, noting initial gains followed by profit-taking that led to lower indices by the end of the day.

If global markets flatlined at current prices through New Year’s Eve, the results would go into the history books, indicating a solid, widespread bull run for 2025.

August’s weakest payroll estimate since May 2009 highlights the deepening US labor market stress, echoed by signals like the record-low copper-to-gold ratio.