‘New Treatment News’ Could Move the Markets

PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia said today that more progress with coronavirus treatment news will inject confidence into the markets.

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Q2 2020 hedge fund letters, conferences and more

News About Coronavirus Treatment Could Move Markets

"As we head into a new week, it would appear that U.S. treasury yields are moving lower,” Celia said. “That means treasury prices are going higher to start a new
week. That, of course, indicates that there is more money coming into U.S. treasuries, driving the yield down and prices for the bonds up. This indicates, of course, that there is less confidence in the economic growth, maybe from other countries, not only here in the U.S. I'm sure that a lot of this money is foreign money looking for safe haven, and there is no better safe haven than U.S. treasuries.

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“Also, as we head into a new week and I suspect next week as well, there's going to be a lot of focus and attention being paid to monitoring some new and different coronavirus treatments,” Celia continued. “It looks like treatment progress is more in the news than anything about vaccines. Now, you know, for a very long time, I have said that treatment is critically important and it could be even more important than a vaccine. It may remove the fear and about being deathly ill from the virus. It's going to help them get back to work quicker and feel a little bit more confident about working alongside their colleagues, if something should happen where they might catch the virus.

There is treatment available that will help them. Now, key word here is ‘available.’ It's one thing to be working on treatments. It's one thing to be talking about coronavirus treatments and hearing about it in the news. It's a very different thing to actually have it available. We'll see what the week will bring in the midst of the Republican National Convention."

 

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Dan Celia is the CEO and President of Financial Issues Stewardship Ministries. Married to Registered Nurse, Yvonne, in 1980, Dan has two married daughters, is blessed with sons-in law who love the Lord, and has seven grandchildren. Dan has worked for 35 years as an entrepreneur and businessman, starting eight corporations and co-founder of two others. In 1999 Dan sold his Small Trust Company (managing over 900 million dollars) to go into Ministry. Dan has developed and uses a biblically-responsible system of financial management with great success. He started a radio ministry in 1997 as a part time ministry and has seen the Lord expand and bless this ministry to his current full-time ministry. Dan has interviewed newsmakers and pundits like Steve Forbes, Ben Stein, T. Boone Pickens, Tony Perkins, John Alison, Rayola Dougher API, Congressmen, Senators and Presidential candidates. He is proud of his partnership with the American Family Association where he serves as a board member. Dan is now on over 640 stations three hours daily, NRB TV, BizTV, Dove TV and CBN Life Style Network. Financial Issues is heard in every state in America and throughout the internet globally. Financial Issues has supporters from over 17 countries. Dan is a Regular Weekly Contributor to Townhall.com (the number 1 source for conservative news and analyzation). Dan has been a guest on Fox Business, Bloomberg, Salem Radio, Family Net, 700 Club,and many others . He is a conference speaker, author of six books, publishes a weekly newsletter and has been Executive Producer of several video productions and FISM TV is producing original family friendly content and other video projects all keeping with in FISM’s Christian world view.