Dan Celia: Current Market Trends and Recession Warning

Dan Celia: Current Market Trends and Recession Warning
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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia discusses the status of the markets, as well as potential for an American recession should the government not address key issues.

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Current Market Trends

Celia stated, “Tuesday was a big day in the market. The Dow rebounded 450 points, which wiped out pretty much all of Monday’s losses. We’ll continue to watch the economic data coming out right now. The sector index that came out on Tuesday was just barely higher than it was last month, which is not good news. There was some positive movement, but the service sector is the largest part of our economy and therefore something that we must watch very closely. I would hardly call the number that came out Tuesday for the month of September a positive sign or a good number.

Recession Warning

“Treasury secretary Janet Yellen says the U.S. faces a recession. If Congress doesn’t address the debt limit within two weeks, Ms. Secretary, the Congress faces a severe depression, reset currency crisis, monetary crisis, and recalibration of currency and credibility crisis. Congress needs to address the debt that the country already has and come up with solutions that are reasonable for cutting the size of government, increasing growth in the economy, and doing everything possible to eliminate the debt and maintain the sovereign nation of America. I think the political talk is going to give us some insights as to where we are going to end up far more than any kind of analytics or fundamentals.”

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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.
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