SACRAMENTO, Calif. / PRBuzz / June 28, 2011 - - Keith Springer discusses why given all the economic disasters the stock market seems bored.
According to Shibani Joshi, reporter for the Fox Business says, "Our guest believes that the market is flat out bored. How can we be bored in an environment where we are seeing housing is down, troubles happening in Greece, emerging markets seemingly starting to let off some steam, economic data going in every which way, and the markets going up and down?"
"The market needs earnings to move, that's essentially what moves stocks," said Keith Springer, president of Springer Financial Advisors and author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, in Sacramento, CA. "Right now it's bored because all the news is old news. I actually view this as a positive because the market doesn't normally go down on the same news twice"
Springer continues, "What we need is earnings, that is what is going to push the market higher, and that won't be for a few more weeks."
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.
Keith Springer President of Springer Financial Advisors Appears Live on Fox Business Network