the_excerpt not showing posts

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I’m using the following code to show the single most recent post on my landing page: 

<?php if (have_posts()) : ?>
<?php if (($wp_query->post_count) > 1) : ?>
<?php while (have_posts()) : the_post(); ?>
<?php the_excerpt() ?>
<?php endwhile; ?>

<?php else : ?>

<?php while (have_posts()) : the_post(); ?>
<?php the_excerpt() ?>
<?php endwhile; ?>
<?php endif; ?>

<?php else : ?>
<p>Nothing to see here.</p>

<?php endif; ?>

My problem is the code doesn’t seem to be producing an excerpt. What could be the problem?

Post Views: 1

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  1. <?php if ( have_posts() ) : while ( have_posts() ) : the_post(); ?>
    <a href="<?php the_permalink(); ?>"><?php the_title(); ?></a>
    <?php the_excerpt() ?>
<?php endwhile; else: ?>
    <p>Nothing to see here.</p>
<?php endif; ?>

    This is the right syntax to show title and the excerpt on home page.