Keith Springer Live on Fox Business: Sell in May and go away?

May 10, 2011 - PRLog -- SACRAMENTO, Calif.  – Keith Springer provides in depth analysis into the government stimulus’s effect on the stock market.

According to Charles Payne anchor for Fox Business, “There is no doubt that this proverbial wall of worry is a million miles high, and yet the market rally continues… and you think it’s not going to stop, Keith?”

"No, there is a main reason," said Keith Springer, president of Springer Financial Advisors in Sacramento, CA. "It’s because of the stimulus being put in by the government. They announced the end of the QE2 but they continue with a QE Mini-Me, although it’s not the 100-110 billion a month it’s still 30 or 40 billion. The stock market is addicted to the stimulus. As long as the government continues to put money into this market, stocks are going to go up."

“Keith how does the stimulus impact the stock market? Is there a direct manipulation,” asks Mr. Payne.

“The Government does two things,” Mr. Springer says, “issues money so banks can lend more; it also gives the Government more money for social programs which leads to spending money in the economy. And people who already have money will buy stocks.”

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. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at www.capfasloans.com.

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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.