June 16, 2021
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses reasons why the economy and markets cannot be sustained for a long period of time.
“Inflation, homebuilders, small businesses, the auto industry, international trade, manufacturing, and supply chains are way ahead of Wall Street. That doesn’t happen too often,” said Dan Celia. “The economy and the markets simply cannot be sustained much longer. Inflation is coming fast, and the reality of the Trump-built economic fundamentals will not withstand the economic attacks of this big government, endless spending, deeper debt, higher taxes, and the greater regulatory burden globalist mentality that is continuing to permeate Washington. It will destroy all opportunities for sustainable growth.
“Business sentiment and consumer confidence will continue to drop while we see the creation of a hunker down environment from the working-class which will drive consumer spending down. Homebuilders seem to be anticipating a slowdown, small business is beginning to waver, and we will see a rise in pessimism and a drop in economic growth. The drop in GDP and the ongoing growth in our spending will be a deadly combination for our debt to GDP ratio, creating perhaps the highest ratio since the start of WWII.”
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.