Keith Springer Quoted in Fortune Magazine

Jan. 19, 2011 - PRLog -- President of Springer Financial Advisors in Sacramento California Keith Springer Quoted in Fortune Magazine

How a housing slump will slow the jobs train

SACRAMENTO, Calif. Jan. 12, 2010 – Keith Springer discusses the effects of the double dip in housing prices and the weak jobs recovery on the stock market.

According to Colin Barr, reporter for the Fortune Magazine, “Bad news for housing and jobs now conspire to keep the wind behind the stock market, which is addicted to free money from the Fed. Indeed, some of the dynamics undermining U.S. workers – cheap financing for big, global companies that do much of their hiring overseas; rising productivity as employers stretch resources and trim fat; and a surplus of both workers and production capacity – spell good news, at least at the moment, for investors.”

"We have bad news for an awful lot of people, but it's a Goldilocks economy for stocks," said Keith Springer, president of Springer Financial Advisors in Sacramento, CA. "The Fed is trying to create a bubble of artificial demand to create the wealth effect. It doesn't do much for jobs, but for now it's pretty good at driving stock prices."

To view more print and live media interviews with Keith, visit www.KeithSpringer.com and click the “Keith in the Media” link, email Keith@KeithSpringer.com or call (916) 925-8900.

About Springer Financial Advisors: Keith Springer is 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.

# # #

Keith Springer presedent of Springer Financial Advisors, a SEC Registered Investment Advisory Firm.He has successfully built tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.