PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the stunning trend of national workers leaving their jobs, as well as the recent International Monetary Fund warning.
Celia stated, “This week has some really startling numbers and I make it a point to stay on top of all of them. Something that really blindsided me was a record 3.4 million workers quit their job in the month of August. That is an astonishing number. I’m sure I’m not the only one that was caught by surprise. This is clearly a negative thing for the economy and the markets. It causes some to rethink some of their analytics, including myself.
“The International Monetary Fund (IMF) warned on inflation recently. You would think they are a little behind the curve, but this is the IMF. Not only are they always behind the curve, but they’re also never right. Once they take a look at things, they say the Feds and others should be prepared to heighten policies. Well, they can speak to the EU central bank and maybe some other central banks about that. But the federal reserve is not showing any indication that it’s ready to tighten just yet, although they desperately need to. It’s more and more obvious every day that they need to start acting soon—regardless of what Janet Yellen thinks is right.”
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.
Read more about Celia, FISM and “Financial Issues” or visit the FISM website, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues; download the FISM app here.
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