PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the economic data this week in light of the election results.
“While we are getting a little bit of economic data out this week, the most important number this week is going to be coming out Tuesday. On Tuesday we get NFIB business index sentiment. That is the confidence measure of small businesses, the largest employer in America. This is a December number, so when we look at the number, it is going to factor in the election. It’ll be interesting. Now, of course, in the month of December, there was still an awful lot up in the air about the election. It may not have had the full impact that it’s going to have in January, but nonetheless, it’s going to be a very interesting number—one I’m going to watch very, very closely.
“Also, there are an awful lot of concerns for me and many others, and I am going to be putting out here next weekend some changes and some things that we really must be concerned about. I don’t know how an economy moving forward in the administrative environment that we’re likely to have is going to be anything but poor. We will be suffering the effects of a weak economy, incredibly high national debt and more debt being added. I’ll tell you, Jerome Powell at the federal reserve is going to really have his work cut out for him to try to keep inflation in check.”
Celia discusses these and other global and economic headlines on his daily, three-hour “Financial Issues” program, heard on more than 660 radio stations and several television networks nationwide, including FISM.TV, viewed on several post-cable television platforms and online.
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