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Follow on Google News | Keith Springer Quoted in CNBC.com ArticleSACRAMENTO, Calif. Jan. 7, 2010 – Keith Springer discusses the effects of the Fed’s stimulus policy on the US economy
By: Keith Springer Jobs No Problem for Market as Long as Fed is Around SACRAMENTO, Calif. Jan. 7, 2010 – Keith Springer discusses the effects of the Fed’s stimulus policy on the US economy. According to Jeff Cox, staff reporter for CNBC.com, “Correlating to a term popular in economics before the financial industry collapsed in 2008, “Goldilocks" “But in the case of what has happened since the Fed began injecting liquidity into markets by buying Treasury’s and other debt,” Cox continues, “this may be more a story of Goldilocks with a bit of a substance abuse problem.” "As long as we have continued stimulus it's like a market on crack," said Keith Springer, president of Springer Financial Advisors in Sacramento, Calif. "You keep throwing crack at it and it's going to keep going up. Eventually you have to go through withdrawal, and then the bubble bursts." 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. End
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