Dan Celia: A Look at Earnings Amidst Bill Reforms and Covid Concerns

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Dan Celia: A Look at Earnings Amidst Bill Reforms and Covid Concerns
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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia analyzed the current financial trends, as well as the fate of recent infrastructure bill in the Senate.

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The Fate Of Recent Infrastructure Bill

“Markets looked very good on Wednesday, not just because things were positive," stated Celia. “Everything was up about three quarters of 1%. The NASDAQ almost up a full 1%. The Dow is back to where it was before the open on Monday, and Russell 2000 had a very good day. This is a little bit of an index or gauge of small cap stocks up 1.8%.

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Tiger Legatus Master Fund was up 0.1% net for the second quarter, compared to the MSCI World Index's 7.9% return and the S&P 500's 8.5% gain. For the first half of the year, Tiger Legatus is up 9%, while the MSCI World Index has gained 13.3%, and the S&P has returned 15.3%. Q2 2021 hedge Read More


“The real big news is that there seems to be some conviction coming back into the markets," Celia noted. “Most believe that we are likely to continue this run for some time, with nothing out of the federal reserve. We did hear some news coming out of Congress that Senator Lindsey Graham and others in the GOP are indicating that they will not pass this first round of the infrastructure bill or a spending bill; it’s just too much money. Hopefully they can get another vote with a different package. I don’t think they will. I think the Democrats are going to be okay with this bill not passing and then take the opportunity to force through the bill that they really want. This current bill isn’t fulfilling all of the dreams and wishes of the Left.

Celia goes further: “There is a lot of talk, even in the midst of this rally, about COVID. Is it spreading? Is it going to get worse? People aren’t getting vaccinated, and on and on it goes. The only people that seem to be happy is Wall Street as they continue picking up their buying spree. We’ll see how the rest of the week ends; it’ll be an interesting next week as we really get deep into earnings."

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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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