*** NEWS RELEASE ***
For Immediate Release
February 27, 2017
Jen Retallick, Hamilton Strategies, 610.584.1096, ext. 100, Media@HamiltonStrategies.com, or Deborah Hamilton, 215.815.7716 or 610.584.1096, ext. 102
How Long Will the Streak Continue?
Financial Expert and Nationally Syndicated Host Dan Celia Says Even Though Records Are Being Set Day After Day, a Reality Check and Correction is Coming—Or Is It?
PHILADELPHIA, Pa.—On Friday, the Dow continued its record-setting streak, seeing 11 straight days of increases and also its 11th straight day of record closing highs, according to Market Watch. In addition, both the S&P 500 and the Nasdaq rose for a fifth straight week.
As the streak continues, investors are cheering it on like their favorite sports teams that just can’t seem to lose. But financial expert and nationally syndicated television and radio host Dan Celia says there is an end in sight.
“As we see record after record on the Dow,” Celia said, “it would appear that there is no end in sight to this run-up,” Celia said. “The fact is that at some point the markets could wake up. As I’ve said many times before, the markets are overvalued, and they have been since before the election. Soon, there could be some sort of reality check, a correction and, eventually, a pullback. Or Wall Street will continue to believe in the reality of President Trump—believing in pro-growth, pro-business tax reform and relief in regulatory burden. Maybe, just maybe, this is real based on projections of REAL economic growth and no false positives.”
Many market observers, Celia added, know there is good possibility of strong company earnings and growth over the next 12 months—a supply-and-demand story.
“A tax cut in the corporate rate alone will increase earnings by at least two points,” he said. “Add to that a dramatic reduction in taxes for the repatriation of overseas profits by American companies. The net effect will be very good for the bottom lines of corporate America. And Wall Street is projecting as it looks more and more like we finally have a president who will put actions to his words.”
Celia said one of his favorite measures in determining whether to add a company to his list of recommendations for investment—aside from being biblically responsible—is simple: profits and consistent sales growth. These matters, he said, allow investors to pick companies that will sustain their profitability and success, regardless of whether the market is on a record-setting climb.
In his ministry, Financial Issues Stewardship Ministries (FISM, www.financialissues.org), Celia hones in on biblical investing and advises Christians how they can honor God by choosing companies that are not associated with immoral or anti-biblical issues, such as having stake in abortion, pornography, same-sex marriage or other matters that should be concerning to Christians. Through FISM, Celia educates investors by researching the organizations that corporations support and then encourages biblically responsible investing so that God is honored, especially as Americans plan for the new year financially.
The “Financial Issues” television and radio program recently began streaming on its own YouTube Channel, Financial Issues with Dan Celia. The ministry also recently introduced the new Financial Issues app; learn more here. Besides more than 600 radio stations, “Financial Issues” is seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, BizTV, which reaches millions more in major markets, and Dove-TV in the Pacific Northwest. To view Celia’s recent show clips, click here.
Daily, Celia addresses important financial headlines, takes calls from around the country, and focuses on current economic trends and critical mass in corporate America. He accurately predicts rises and falls in the U.S. and global economies. He also hones in on godly financial stewardship when talking to thousands who want to honor God with their finances.
A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He speaks at conferences, town hall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.
For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues.
To interview Dan Celia of Financial Issues Stewardship Ministries, contact Jen Retallick, 610-584-1096, x100, Media@HamiltonStrategies.com, or Deborah Hamilton, 215-815-7716 or 610-584-1096, x102.
Dan Celia is president and CEO of Financial Issues Stewardship Ministries and host of the national syndicated radio talk program “Financial Issues,” heard daily on more than 600 stations across the country and in millions of homes through NRB-TV, BIZ-TV and others. FISM believes that only revival will return America to its Judeo-Christian heritage and biblical values.