Keith Springer Live on Fox Business

Keith Springer provides expert analysis on the government’s creation of artificial demand for QE3, the stock market’s asset inflation and the lingering reality of interest rates.
 
Feb. 22, 2011 - PRLog -- Fox Business frequently calls on Mr. Springer as the “expert on economy” and “market interest rates”. He was asked to appear live with Fox anchor Brian Sullivan to discuss the impact of QEII and rising interest rates.

"The stock market is going up, but that is only short term,” said Keith Springer, president of Springer Financial Advisors in Sacramento, CA. "What the Fed is doing is creating artificial demand in an economy where there is no aggregate demand. You can create demand to spark an economy, but eventually you have to pay the bills."

“But we are seeing a little bit of asset inflation,” says Brian Sullivan. “Why is that bad?”

“It’s good in the short term, it helps companies headed toward bankruptcy,” Mr. Springer responds, “At some point the bond vigilantes will force interest rates higher, and we must create aggregate demand to sustain economy, this is hard because we have aging baby boomers past their peak spending.”

“Do you think the Dow is where it is today because of the Fed?” asks Sullivan.

“Yes, the market and the economy are addicted to Quantitative Easing,” Mr. Springer says.

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 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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