Keith Springer Quoted in Reuters News Article, February 6, 2010

Keith Springer, President of Capital Financial Advisory Services in Sacramento, California Quoted in Reuters News Article: GLOBAL MARKETS-Dollar reaps gains on eurozone woe, stocks slide
By: Keith Springer
 
Feb. 15, 2010 - PRLog -- Keith Springer, President of Capital Financial Advisory Services in Sacramento, California Quoted in Reuters News Article:
GLOBAL MARKETS-Dollar reaps gains on eurozone woe, stocks slide

SACRAMENTO, Calif. Feb. 6, 2010 –President at Capital Financial Advisory Services, Keith Springer comments on the struggles in the United States labor markets to Reuter’s reporter.

Data suggests that the "progress in the labor markets will be painfully slow at best in 2010," said Springer regarding the market outlook after the fall in world stocks following recently released data.

Reuters reports, “First time jobless claims in the United States rose by 8,000 last week to 480,000, bucking the median forecast for a drop of 10,000. The weekly number is now the highest since mid-November and an ominous sign to a positive nine-month trend.”

Springer continues, "Businesses have not shown any inclination to begin hiring to any large extent."Jobless claims in the United States are on the rise in spite of the decrease that was originally projected. Businesses are slow in attempts to increase jobs.

Check out the full article http://www.keithspringer.com/article86.htm and Keith's Weekly Critical Economic and Market Commentary at http://www.keithspringer.com/weeklycommentary.htm

To view more media interviews visit www.KeithSpringer.com and click the “Keith in the Media” link, email Keith@KeithSpringer.com or call (916) 925-8900  

Keith Springer is an SEC Registered Investment Advisor who frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.
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Source:Keith Springer
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Tags:Keith Springer, Finance, Investments, Global Markets, Labor Markets
Industry:Investments
Page Updated Last on: Feb 15, 2010
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