Dan Celia: Trump’s Acquittal Will Remove Uncertainty from the Markets
February 5, 2020
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia says that Trump’s acquittal today in the impeachment proceedings will strike any uncertainty the markets may have experienced.
“Many people—myself included—said the impeachment proceedings would be totally insignificant when it came to the markets,” Celia said, “but we were all wrong—for one reason we all left out: the psychological impact. Once people realized that not only will he be acquitted, but he will win in November—by a landslide—the market uncertainty was all but gone. Traders won’t admit this. Wall Street won’t admit this. But acquittal is removing a much larger uncertainty than I anticipated because traders and Wall Street really weren’t paying attention to it. Therefore, there’s a bit more optimism than we first thought, but it also speaks to the resiliency of the market. And that’s a very good thing.”
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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