June 7, 2021
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the job openings and unemployment numbers coming out this week.
“We probably won’t see lot of movement today in the markets, maybe not even this week. I think it’s going to be a relatively muted week,” said Dan Celia. “We haven’t seen any big moves either on the upside or the downside for the last couple of weeks. Things have been trading the way I like to see them traded. Hopefully, it stays that way this week.
“There’s a lot of other political data and political news coming out. It’s going to take the wind out of the sails of a lot of economic data, but we do get NFIB small business numbers coming out tomorrow morning. Some are predicting that it’s going to go over a hundred. That may happen. This is a May number, and things seem to be fairly optimistic among small businesses. So we’ll see if it does go over 100.
“Job openings are expected to go up from 8.1 million to 8.2 million. That number is coming out on Tuesday, late morning. You remember 8.1 million was an all-time high, and we could see those numbers go even higher. Initial jobless claims on Thursday are expected to go down. I would have to believe that that is very, very likely.
“Joe Manchin, Senator for West Virginia, indicated on Sunday that he’s not going to vote for this new voter bill. That’s very good news. Hopefully, he can stick to his guns on that. We’ll see if it holds.”
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.
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