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Dan Celia: What is the Federal Reserve Doing About Inflation?
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the economic data this week. “Well, one of the most interesting numbers of the week is going to be the NFIB business index number that is coming out for the month of April. I wish this were a May number. Obviously it is very backward looking, but it’ll be interesting to see what small businesses were thinking, headed into May. The other one coming out is consumer price index for April. It is already up six tenths of one percent, and it is likely to nudge up a little bit further. Core inflation,
Dan Celia: Numbers to Watch This Week
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the economic data this week. “The week is going to be all about technology stocks. We saw some pretty big moves in technologies on Tuesday with big tech earnings. That’s very, very good. Microsoft books have had the biggest revenue growth since 2018. Alphabet—Google—revenue grew 34 percent. Yes, 34 percent. The Dow finished up slightly on the day. The SMP was down slightly, and the NASDAQ was down slightly. The Russell 2000 small cap was up barely. And the volatility index was in negative territory. “Corn hit an eight-year high and it looks like
Dan Celia: First Quarter Numbers Indicate the Trajectory of Quarter Two
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the economic data coming out this week. “As we come off a losing week in the markets, the Federal Reserve chairman will be making some announcements. Jerome Powell is holding his press conference on Wednesday. That is something that’s going to be looked at very, very closely—lots of wordsmithing going on, checking each and every word that he says for any indication that the economy could be overheating, that inflation could be rising, that there could be a tweak or a change of plans in quantitative easing or raising interest rates. Quantitative easing,
FISM AGRICULTURE UPDATE
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Open Letter from Former Military Members Says America “Is in Deep Peril”
An open letter from former members of the U.S. military released on May 10 is warning American
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