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 for the month of March. That is up from 95.8 in the month before. That’s a pretty good move up and getting very close to that 100 mark again. Consumer price indexes came in. Inflation also showed up in that number. We were at a 0.4 percent. We ended up for the month of March at a half of one percent.
“It looks like global markets in the U.S. continue to try to put a happy face on the inflation that is obviously present. That is one thing that we are going to have watch closely as time goes on. But markets globally, as I mentioned earlier, are definitely looking better. U.K. productivity rose last year. I think we are going to have to, from this point on, keep a pretty close watch on global growth, or lack thereof, and global inflation.”
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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