Keith Springer Top Financial Advisor and Author in Sacramento Quoted in the Wall Street Journal

Aug. 8, 2011 - PRLog -- SACRAMENTO, Calif. – Keith Springer discusses the impact of Standard & Poor’s downgrade of the U.S. debt on Friday on the markets.

According to E.S. Browning, Mary Pilon and Serena Ng, reporters for the Wall Street Journal, “While the timing of Friday evening's downgrade surprised some market participants and followed a tumultuous week for global markets, others noted that the possibility of S&P's move had been well telegraphed for weeks while Congress wrangled over raising the debt ceiling.”

Friday night's downgrade by S&P "isn't exactly news to the markets, which have already been pricing in the threat of a downgrade—hence, last week's selloff," said Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors in Sacramento, CA.

Standard & Poor's first-ever downgrade of U.S. Treasury debt could lead to some market tumult next week, investors and analysts said Saturday. Over time, though, the downgrade might do little more than mark a moment in the decline of U.S. economic strength, they said.

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

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About Springer Financial Advisors: Keith Springer is author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, 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.