Sacramento's Keith Springer Quoted in MarketWatch Article "US stocks stimulated by oil's climb"

May 16, 2011 - PRLog -- SACRAMENTO, Calif.  – Keith Springer provides expert analysis on the stock market’s behavior following the government funded stimulus programs and it’s likelihood to continue rising without them.

According to Kate Gibson, reporter for MarketWatch, “U.S. stocks rose along with commodities Thursday as the dollar fell against the euro, continuing what one analyst said is Wall Street’s call for continued stimulus from the Federal Reserve.”

“It used to be [that] oil went up and stocks went down. But now everything is going up in tandem from the Fed’s quantitative-easing program, which is throwing money into the economy and [which] investment banks use to speculate,” said Keith Springer, president of Springer Financial Advisors in Sacramento, California, of the Fed’s program to bolster the economy by purchasing $600 billion in Treasury bonds.

“This is a quantitative-easing rally on the belief” of further stimulus ahead, Springer added. “I absolutely see a continuation of QE2 in some form; the economy certainly isn’t strong enough to survive on its own.”

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.

# # #

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.