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Follow on Google News | ![]() President of Springer Financial Advisors in Sacramento CA Keith Springer Quoted in CNBC ArticleKeith Springer sheds light on the current stock market rally that has erased mostly all the stock market losses caused by the financial crisis in CNBC article Two Years Later, Bears Still Hiding in Their Caves.
According to Jeff Cox, staff writer for CNBC, “Like a card shark figuring out the right way to play a tough hand, the stock market bear is waiting for his bullish opponents to go all in before making a move.” “With prices on a seemingly inexorable march higher,” Cox continues, “there seems little else for those betting against Wall Street to do but to wait until the rally has played itself out.” “There’s always significant downside risk,” said Keith Springer, president of Springer Financial Advisors in Sacramento, CA. “The risk will come when there’s over-optimism, essentially.” “There’s a lot of catching up to do. All that money that flew into bond funds the last two, three years, that’s not long-term investment money, that’s just lazy investors afraid to go into stocks,” Springer says. “There’s going to be a catch-up rally, and that’s going to be the top.” 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. 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. # # # 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. End
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