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Follow on Google News | ![]() Keith Springer of Springer Financial Advisors in Sacramento Quoted in the Wall Street JournalKeith Springer provides in-depth analysis on the individual investors reactions to the slowing economy in the Wall Street Journal article, US high-grade corporate-bond market volume hits weekly bottom.
According to Kellie Geressy-Nilsen, reporter for the Wall Street Journal, “Weekly issuance in the U.S. high-grade corporate-bond market fell to its lowest level this year, as buyers were bullied by risk, keeping issuers at bay.” Analysts at Barclays Capital noted that recent weakness in credit-market sentiment has translated into a noticeable selloff in investment-grade cash and derivative indices. The CDX.IG.16 index, which investors use as a gauge for risk, traded as wide as 99 basis points on Thursday, more than 10 basis points wide of its late-April tightest level. "Investors are clearly worried about the slowing economy, and they have every right to be," said Keith Springer, president of Springer Financial Advisors in Sacramento, CA. Recent disappointing economic announcements have clearly tempered investor optimism, he said. 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. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com. # # # About Springer Financial Advisors: Keith Springer is author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, 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. End
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