PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the economic numbers coming out this week.
“We started off the week with some pretty important economic news that we’re going to watch very carefully. The NFIB is coming out on Tuesday—that is a National Federation of Independent Businesses, or small business index. I consider this an extremely important number, and they expect that the February number will have risen a bit. This is important to watch.
We’ll get the Consumer Price Index on Wednesday. We’ll also get CPI core Consumer Price Index. We don’t care about core. The headline number includes energy and food, but core does not. We want the whole thing. On Thursday, we will get initial jobless claims. This week we are seeing openings sitting at 6.6 million. Hopefully, that ticks up a bit. That would be encouraging. We also get Producer Price Index for the month of February. This is expected to be up somewhere around a half of 1 percent. That number will translate eventually into consumer prices. We also get a University of Michigan sentiment number. I don’t care a whole lot about that, but it is very low, sitting around 76. We’ll see how that goes.”
Dan 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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