Springer Financial Advisors President Keith Springer in Sacramento CA Quoted In CNBC Article

Dec. 22, 2011 - PRLog -- Banks, Energy, Intel Lower; Europe Still Main Fear

SACRAMENTO, Calif. Dec. 13, 2011 – Keith Springer is quoted in a CNBC article, “Banks, Energy, Intel Lower; Europe Still Main Fear” to discuss why the market is failing to reach the traditional seasonal highs.

Jeff Cox, senior writer for CNBC reports that, “a solid rally in which Wall Street finally seemed to be shaking off worries over the contagion that could come from Europe came to an abrupt halt,” on Monday as a warning from tech giant Intel weakened technology stocks.

“Friday's European Union summit produced an agreement to pursue stricter budget rules for the single currency area.” Cox continued. “Also to have euro zone states and others provide up to 200 billion euros ($267 billion) in bilateral loans to the International Monetary Fund (IMF) to help tackle the crisis. Moody's Investor Service said it still plans to review the ratings on EU sovereign credit as the agency expressed doubt that the proposed measures will do much to resolve the crisis.”

"We're in a seasonal period where we should be having a nice Santa Claus rally, and we're not. We're running out of time for it to take hold," comments Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors based in Sacramento, CA.

Policymakers "refuse to give the market what it wants, and that's a little bit of comfort that they know what's going on and they're in control," Springer added. "What's making the market so uneasy is they don't know what's going on and they're not in control."

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 the author of "Facing Goliath: How to Triumph in the Dangerous Market Ahead", radio host of "Smart Money" on Talk650KSTE, editor of "Smart Money Newsletter", 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, an 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. He can be reached at 916-925-8900 or Keith@KeithSpringer.com.

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Keith Springer President Of Springer Financial Advisors 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.