SACRAMENTO, Calif. Sept. 26, 2011 – Keith Springer discusses the U.S. stock markets’ reactions to the Fed’s less than inspiring policy move.
According to MarketWatch writer, “U.S. stocks dropped sharply Wednesday, with the major indexes notching deep losses in the last hour of trading,” this happened following the Federal Reserve statement last week that was in line with market expectations.
“The Fed disappointed in a big way. They had a chance to go big and they wimped out," comments Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors based in Sacramento, Calif.
“They announced Operation Twist as predicted, and even though I didn’t expect more, due to the 3 dissenting board governors, I hoped for more,” Mr. Springer continued. “Clearly, so did the market.”
To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com, email Keith@KeithSpringer.com or call (916) 925-8900. For up-to-the-minute market updates visit his blog http://www.KeithSpringer.info. 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.
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About Springer Financial Advisors: Keith Springer is a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor.