October 5, 2020
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia said today that based on President Trump’s improving health status after his diagnosis of coronavirus, the markets have moved positively, and emphasizes the importance of voting and keeping American values.
“There are many things that have to be considered today from an economic perspective. First, our prayers go out to the First Family—we pray and lift up the First Lady and President Trump. The many prayers seem to have the president recovering very quickly, which is good news.
“Yesterday when President Trump took his drive past his supporters outside the hospital, the futures market was getting more and more positive as he was doing that drive. I think it’s just another clear sign of how important this president is to the markets. I’ve been saying now for some time that markets don’t lie; most people believe that these markets have been positive as a result of factoring in President Trump’s pro-growth agenda continuing for the next four years.
“Having said that, there’s some concern about manufacturing around the globe, particularly through the G20. It has been down to an alarming point and that’s going to be a huge concern for us here in America. It has been down this morning in America, but the global outlook on productivity and manufacturing is weak to say the least. Of course, this impacts oil demand, which will continue to drive down oil prices and they will stay at these low levels for some time. I think the focus has to be an economic perspective in the election, and the hope is, of course, that American patriots and those that care deeply about American values—keeping the America that we know and love—will not be complacent and will come out in force.
“I must admit I was a hopeful this morning when I saw poll numbers Wall Street Journal/NBC poll, saying that Biden picked up about 6 points on President Trump, making President Trump clearly the underdog, which hopefully will motivate people that were thinking about staying home to make sure they get out and vote for President Trump. I think it goes without saying that we all know these polls are not even close. They weren’t during Hillary Clinton’s run in 2016, and they’re not even close now. The upside to this is the fact that it will help the Biden voters stay home since it’s quite obvious that he’s going to win.
“We are one week away from the start of earnings season, and hopefully that will give us some indication of third quarter growth in GDP. In my Townhall.com article yesterday, I indicated how important it is that we vote. Hopefully, as you share and forward that article around, it’ll be a source of encouragement to Americans to pray and vote for the greatest country in the world.”
Celia discusses these and other global and economic headlines on his daily, three-hour “Financial Issues” program, heard on more than 660 radio stations and several television networks nationwide, including FISM.TV, viewed on several post-cable television platforms and online.
Read more about Celia, FISM and “Financial Issues” or visit the FISM website, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues; download the FISM app here.
To book Financial Issues Stewardship Ministries’ Dan Celia, contact Media@HamiltonStrategies.com or Beth Harrison, 610.584.1096, ext. 105, or Deborah Hamilton, ext. 102.