Springer Financial Advisors' Keith Springer Quoted in MarketWatch-Market reaction to bin Laden death

May 2, 2011 - PRLog -- SACRAMENTO, Calif.  – Keith Springer provides expert commentary and analysis on the effects of bin laden’s death on the stock markets and the Fed’s new quantitative easing program in an interview with MarketWatch reporters this morning.

According to Myra Saefong, reporter for MarketWatch, “The U.S. dollar traded modestly lower against its major currency rivals Monday morning after U.S. President Barack Obama announced that Osama bin Laden has been killed.”

“Although the death of bin laden is giving all Americans an emotional high,” said Mr. Springer President of Springer Financial Advisors  in Sacramento, California, ”it will have no affect on the financial markets after the first few hours of trading. That said, I think we all will walk around with a smile today.”

Mr. Springer goes on to say the dollar is being directly affected by the [Federal Reserve’s] stimulus programs. “Although [the second round of quantitative easing] ended, we still have QE Mini-me.”

Plus he notes, with first-quarter GDP growth at 1.8%, the chances of another formal QE program are increasing, and that should push the dollar lower.

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.

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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.