Sacramento Author and Financial Advisor Keith Springer Quoted in CNN Money

July 19, 2011 - PRLog -- SACRAMENTO, Calif. – Keith Springer discusses the impact of raising the debt ceiling on U.S. economic growth.

According to Paul R. La Monica, reporter for CNN Money says, “There is a lot of talk about how politicians are playing a game of chicken with the debt ceiling. But when you consider how calm the market -- especially bond investors -- have been as the August 2 D-Day approaches, another avian creature comes to mind: the ostrich.”

"Investors just do not believe politicians won't come to an agreement on the debt ceiling," said Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors in Sacramento, CA. "We are used to the partisan jockeying by now. It seems to me they are close to a deal but are just bickering and waiting to the last minute."

If that's true, then I guess it does make sense for yields to be this low. Springer said that the bond market is worried about sluggish U.S. economic growth -- and a plan to raise the debt ceiling is not going to rejuvenate the stagnant job market.

To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com  and click the “in the news” link, email Keith@KeithSpringer.com or call (916) 925-8900. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.

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About Springer Financial Advisors: Keith Springer is author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years.