Keith Springer Sacramento Financial Advisor and Author Quoted in CNBC Debt Article

In CNBC article, Market Fades as Debt Deal Proves Elusive, Keith Springer discusses the current state of the stock market and how it will affect investors.
 
Aug. 2, 2011 - PRLog -- SACRAMENTO, Calif. – Keith Springer discusses the current state of the stock market and how it will affect investors.

According to Jeff Cox, reporter for CNBC, “Wall Street battled the dual worries of a debt debacle in Washington and nearly non-existent economic growth Friday, sending major averages lower as the nation surged toward an ominous deadline.”

"Dangerous, absolutely dangerous," is how Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors in Sacramento, CA. described the state of markets. "The problem is you the market reacts to two things, greed and fear. Right now there's no greed, in the air, it's all fear."

"You have both sides screaming and yelling like 2-year-olds," Springer said. "They're creating a lot of fear and if they don't have a deal by the end of today you're going to see the market sell off and probably be down 200 points by the end of the day."

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.

# # #

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.
End
Springer Financial Advisors PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share