In this video, Ira Epstein discusses the market reactions following the latest Federal Reserve decision, highlighting stability in the stock and energy markets, a rise in bond yields, and a drop in gold and silver prices.

On a week over week basis, initial jobless claims did decline -33,000 from last week’s outlier 264,000 to 231,000, and the four week averaged declined -750 to 241,000.

Weaker labor data triggered a 25 bps rate cut, while resilient retail sales and manufacturing strength fuel bullish momentum, though inflation risks linger as the key concern.