Keith Springer Announces the Release of his Latest Newsletter

July 9, 2010 - PRLog -- President of Capital Financial Advisory Services in Sacramento California Keith Springer Announces the Release of his Latest Newsletter

The Wheels are Coming Off the Market

SACRAMENTO, Calif. July 7, 2010 – Keith Springer, President at Capital Financial Advisory Services discusses the current state of the economy, his predictions on possible recovery, unemployment and deflation in his weekly Critical Economic and Market Update newsletter.

“The next downturn will be much worse than expected, Springer begins. “ This is a market of extremes. The simple expected "double dip" scenario is much too sanguine.”

Springer says bad news is now the trend, and news are like cockroaches...they keep popping up everywhere and worse than before!

“The wheels are coming off of the recovery, and deflation is on its way. The Fed tried to create growth and failed. Their ability to deal with deflation is limited. They have pumped massive amounts of liquidity into the system, driven short term rates to near 0%, supported the fixed income markets and propped up the financial sector.  Unfortunately, bulk of this liquidity is still sitting idle while banks deal with any number of economic and regulatory issues, including the necessity of raising more capital,” Springer continues.  

“Unemployment is going the wrong way. The country doesn't need more workers, period. It needs demand,” Springer concludes.  “That will not happen until the Boomers have long since retired and the Echo-Boomers start spending some of their inheritance.”

To view more of Keith’s newsletters visit www.KeithSpringer.com and click the “Weekly Economic and Market Updates” link, email Keith@KeithSpringer.com or call (916) 925-8900

Keith Springer is President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, 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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Keith Springer is President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, 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.