Dan Celia: Political Agendas Effect Inflation

0
Dan Celia: Political Agendas Effect Inflation
geralt / Pixabay

PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia takes a look at the trends in the stock market, as well as the influence of political agendas on the economy and inflation.

Get The Full Henry Singleton Series in PDF

Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q2 2021 hedge fund letters, conferences and more

The Influence Of Political Agendas On Inflation

“It’s hard to think about what’s going to take front and center here in the middle of the week,” Celia commented. “There was so much happening on Tuesday. We saw all the indices in negative territory. The worst downturn was with the NASDAQ by 1.2%. The Russell 2000 small caps on Tuesday was down 1.1%. The S&P 500 was down just under half a percent, but it made many headlines. CDC is reversing its mask policy. We see the S&P 500 drop 1% from its record, falling for the first time. Chinese stocks had a huge sell off for the second day in a row. Investment analysts are warning against buying at these lower prices.”

SALT New York: Canyon, Mudrick, Fortress And Sculptor On Finding Distressed Value

At the 2021 SALT New York conference, which was held earlier this week, one of the panels on the main stage discussed the best macro shifts coming out of the pandemic and investing in value amid distress. The panel featured: Todd Lemkin, the chief investment officer of Canyon Partners; Peter Wallach, the managing director and Read More

Celia also stated, “Elizabeth Warren, Janet Yellen, and regulators are to address the growing threat of the crypto market. Home prices broke records in May, according to the S&P Case-Shiller Index and on and on it goes.”

“We are getting to the heart of earning season, which one would think would take precedence over everything else, but there’s just too much political news and uncertainty. On Wednesday, Federal chair Jerome Powell will hold a press conference. I do believe that that his statement will likely trump everything else since inflation is still at the forefront of everyone’s mind. We saw some amazing statistics come out about food inflation and other areas that are not going to be temporary. Inflation is not weighing well on consumers.”

Updated on

Previous article GlaxoSmithKline – Sales Tick Up And GSK Finally Enters The Covid Fray, But Still A Mixed Bag
Next article A Sigh of Relief Ripples Through the Travel and Aviation Sector
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.

No posts to display