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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia discussed some the state of the market towards the end of the year, as well as the credibility of the Federal Reserve. Q3 2021 hedge fund letters, conferences and more The Market TrendsCelia stated, “We started off a week on a bit of a rough note. We saw the Dow down almost 1%, the S&P 500 down almost 1%, as well as the NASDAQ and the Russell 2000. Technology stocks and small cap stocks really took a hit, with both down about 1.4%, which is a significant move downward. Of course, this is not good compared to t...
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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. Q3 2021 hedge fund letters, conferences and more Current Market TrendsCelia 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. Ther...
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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia discusses the markets and looks ahead to fourth quarter. Q2 2021 hedge fund letters, conferences and more The Fourth QuarterCelia stated, “We’re getting ready to start the last week of the third quarter already—the fourth quarter starts on Friday. A lot of economic data is coming out this week, some of it important, some of it somewhat insignificant. Durable goods are coming out for the month of August, and this is a very backward-looking number. The number was sitting at a negative one-tenth of one percent an...
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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia discussed this week’s market trends, the potential issue with China’s bankruptcy, and the situation with Afghanistan and American borders. Q2 2021 hedge fund letters, conferences and more Weekly Market TrendsCelia stated, “Tuesday was certainly an interesting day in the markets. At one point, the Dell was up over 300 points. The S&P was up as well. They both finished a negative territory, but not by a lot. Once again, the NASDAQ did eke out a bit of a gain, almost a quarter of 1%, to finish in the green, as di...
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PHILADELPHIA—Nationally syndicated host and biblical investing authorityDan Celia discussed the future of carbon taxing and the potential of a green economy. Q2 2021 hedge fund letters, conferences and more The Future Of Carbon TaxingCelia stated, “Back in 2009, one of the most dangerous bills that was ever presented was the American Clean Energy and Security Act. The Organization for Economic Cooperation and Development is now starting to back proposals that recognize that countries have different green policies. They are looking for carbon prices that they hope will prevent trade wars from e...
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PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia discussed the price of oil, as well as the future of the Federal Reserve and the current infrastructure plan. Q2 2021 hedge fund letters, conferences and more Celia commented, “As we head into the middle of the week, it looks like oil is headed back a little bit closer to $70 a barrel. All the indices on Tuesday finished in positive territory. Also, the volatility index was up a little bit as well. The Budget Bill And Infrastructure Plan“House Democrats are clearing the path to a $3.5 trillion budget bill and ...
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PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discussed the latest infrastructure bill coming out of Washington D.C. and its potential implications. Q2 2021 hedge fund letters, conferences and more Comments On The New Infrastructure Bill“Tuesday was a flat day for the markets,” Celia commented. “Nothing really happened. It was in negative territory, but the idea that the government is still trying to pick winners is absolutely amazing to me.” Celia continued, “Now the government is about to give some of the richest companies in the world money from the tril...
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Dan Celia: The US Is Letting China Win While We Fight Amongst Ourselves Q1 2021 hedge fund letters, conferences and more PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses his expectations for the global economy. US vs China: The Global Economic War“Some expect that the global economy will expand this year at the fastest pace in at least four decades as vaccine rollouts accelerate. The International Monetary Fund (IMF) expects the world economy to grow six percent this year, the most since 1980. However, they are not considering the underlying fundamen...
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