Dan Celia: Market Numbers, The Border Crisis, And The Federal Reserve

Dan Celia: Market Numbers, The Border Crisis, And The Federal Reserve
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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia discussed last weeks’ market numbers, the border crisis, and the upcoming Federal Reserve press conference.

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The Market Numbers

Celia stated, “U.S. Markets ended last week in significantly negative territory. The S&P and the NASDAQ were nearly 1% in negative territory for the day on Friday. We’ll see if this continues this week.

“The border crisis is totally out of control, and I don’t think anybody realizes the negative impact that it’s going to have on several cities, not to mention on the economy itself. This is coming out of our pockets. We, the taxpayers of America, will be taking care of these people, both in their healthcare and their food.

Celia continued, “Now that these people are here, the economic data this week is all going to be about housing more than anything else. We are waiting for the building permit housing stats for August, which will be out on Tuesday. We get existing home sales on Wednesday. Remember, these are all August numbers, and we’ll see how that looks.

The Upcoming Federal Reserve Press Conference

“Chair of the Federal Reserve Jerome Powell will be holding its press conference on Wednesday at 2:30. Of course there will be a lot of people sitting back and just waiting patiently to see what Powell is going to say. If they're going to give any indication as to what is happening. We also get manufacturing and service sector numbers coming out on Thursday. These are PMI numbers and new home sales coming out on Friday. It’s going to be a very, very busy week.”

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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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