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Dan Celia: Earnings Reports to Reveal Trajectory of the Markets
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the economic data coming out this week. “The really important number last week was industrial production, and we saw it didn’t meet expectations. They were expecting 2.7% industrial production. We got 1.4. That’s a huge miss, but at the same time, it’s coming off a negative 2.6. The other number was building permits issued. I don’t pay too much attention to building permits, but it was up at 1.77 million, which is up from last month. Housing starts for the month of March were also up at 1.74. Looking back at last week,
Dan Celia: Keep a Close Eye On Global Inflation
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the numbers coming out for the U.S. and the world. “On Tuesday we saw the markets stay kind of flat except for the NASDAQ. The NASDAQ was up over one percent, but the bond yields are going down a little bit. Global markets had a very good day as they watched interest rates come down and saw some value added to the dollar. We got good economic data yesterday coming out of the U.S. NFIB. That is the confidence index of small businesses. Again, the largest employer in America, it was up to 98.5
Dan Celia: Hot Markets and Rising Interest are a Deadly Combination
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the chances of inflation. “We have a significant amount of economic data coming out this week. Before I get to that, though, let me just tell you that Jerome Powell came out and said that it is highly unlikely that the Federal Reserve is going to raise any kind of rates this year. The point here is “highly unlikely.” It was pretty much a definite that there was no chance of him raising rates in 2021. Now it’s highly unlikely. As I suspected the Federal Reserve needs rethink some things. As we continue
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Jim Jordan Clashes with Dr. Fauci Over Lockdowns and Liberty
Over a year into the pandemic, Dr. Anthony Fauci remains a prominent force in American politics and
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