Keith Springer Quoted in Reuters U.S. Earnings Cushion World Shares

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

U.S. earnings cushion world shares

SACRAMENTO, Calif. Jan. 14, 2011 – Keith Springer explains the effects of the Fed’s quantitative easing program on retail sales and earnings.

According to Al Yoon, reporter for Reuters, “World shares wobbled and Treasuries rose on Friday after China's move to raise banks' reserves and a weaker-than-expected U.S. retail sales report cooled enthusiasm about the global economic recovery.”

“Confidence in equity markets also sagged as the U.S. Commerce Department reported sales at retailers rose slightly less than expected in December,” Yoon continues. “Sales for all of 2010 reversed two years of contraction, however, posting the biggest gain in more than a decade.”

"The market is resilient," said Keith Springer, president of Springer Financial Advisors in Sacramento, California.

"You had had every ingredient to bring a decline, such as retail sales, yet it's holding up well," he said. "There is anticipation over more stellar earnings."

The quantitative easing program, or "QE 2,' is a luxury liner for the financial companies," Springer Financial's Springer said. "What the Fed is doing is giving them a warchest."


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

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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.