Sacramento, CA (PRWEB) June 28, 2015
During an interview for Bloomberg Radio, Keith Springer, President of Springer Financial Advisors, sheds light on the reasons why investors are frustrated with the performance of the U.S. economy. Over the course of his six-minute interview with Larry Kofsky, he explains how the headlines are affecting investors, why Greece shouldn’t be a concern and what the largest concern for investors really should be.
According to Springer, average investors are disappointed and frustrated with the economy because they think they should be doing better. Since there are no major headlines pointing to a poor economy, investors feel they should be seeing greater profits. The headlines they are focusing on, such as Greece, Ebola and other negative stories, are not helping instill confidence in the marketplace.
Springer also discusses what he calls the “pre-earning nap” — the month-long period before earnings come out. During this time, companies are not permitted to discuss their good news. This does not leave investors with much to go off, which is one reason they tend to focus on the negative headlines.
While many individuals are focused on Greece’s economy, Springer believes it should not be a major concern. In his opinion, they will have to sign the deal eventually with the E.U. The largest concern investors should have is the Federal Reserve raising the interest rates.
In today’s polarized economy, individuals with money invest and win, while others lose if they do not have money to invest. Because of this, Springer believes that raising the interest rates would be the wrong move. The Federal Reserve will not want to give the impression that inflation is right around the corner, which is why Springer feels there is ultimately a minimal chance they will raise the rates. Listen to the entire Bloomberg interview here: http://www.keithspringer.com/keith-springer-interview-bloomberg-radio.html
Springer, a graduate of Clark University with additional studies at Kings College and University of London, has extensive experience in the financial arena. Specializing in wealth management solutions for complex individual and institutional portfolios on a global scale, he provides professional financial counsel to pre-retirees and retirees.
He began his financial career working for Merrill Lynch, then moved to California to study advanced portfolio management and investment management studies. In 1996, he formed Springer Financial Advisors where he continues to serve as president today.
Keith Springer is the author of “Facing Goliath: How to Triumph in the Dangerous Market Ahead,” radio host of Smart Money with Keith Springer (http://www.keithspringerradio.com/) on NewsRadio KFBK 93.1 FM, daily financial analyst for KTXL Fox 40, editor of Smart Money Newsletter, a market technician, and President and Founder of Springer Financial Advisors in Sacramento, Ca, an SEC Registered Investment Advisory Firm. He has developed a U.S. trademarked proprietary process known as Top-Down Tactical™ for building tax-efficient and retirement portfolios for high-net worth individuals. Keith is a retirement advisor and has been providing professional financial advice for more than 31 years, specializing in wealth management solutions for the most complex individual and institutional portfolios worldwide.
Company Information —
Name: Springer Financial Advisors
Email Address: 4480 Duckhorn Drive, Sacramento, CA 95834