President of Springer Financial Advisors, Keith Springer Interviewed for Futures Magazine

March 9, 2011 - PRLog -- Keith Springer discusses the stock market highs in relation to economic growth and how these effect demand in the jobs market.

According to Michael J. McFarlin, reporter for Futures Magazine, “Other than a mild dip in spring 2010, the stock market has enjoyed a near two-year uptrend. While much of the world still is trying to clear the dust and debris from the collapse in 2008, equities have disengaged themselves from the rest of the economy and are approaching pre-recession highs.”

It is tough to distinguish real growth from the effects of government stimulus and the Fed’s quantitative easing. "The economy is not growing very fast. I mean 3.2% GDP on $14 trillion stimulus is pretty pathetic," says Keith Springer, president of Springer Financial Advisors in Sacramento, CA. "It was enough to prevent another catastrophe on the downside, but the economy has to find equilibrium [and produce real demand]."

Springer says the equilibrium is forming as corporate earnings are rising not as a result of an increase in demand, but because of scaling in production to meet current demand. Jobs, though, are still the heart of the matter.

"Companies have laid off people and what they are doing is producing the amount of goods necessary to meet demand. We’re not seeing demand increase. A company that makes a product is only making what they know they can sell and [are] hoarding cash," Springer says.

He doesn’t see this as a positive as companies are not re-investing that cash.

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

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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.