Keith Springer discusses why investors were disappointed in the Federal Reserveâ€™s market outlook following the Federal Reserve Open Market Committee meeting.
Online PR News – 30-September-2011 – – Emerging Stocks Drop to 14-Month Low as Fed Sees Economic Risk
SACRAMENTO, Calif. Sept. 27, 2011 â€“ Keith Springer discusses why investors were disappointed in the Federal Reserveâ€™s market outlook following the Federal Reserve Open Market Committee meeting.
Belinda Cao and Jason Webb, writers for Bloomberg BusinessWeek report that, â€śEmerging-market stocks fell to a 14-month low.â€ť This occurred, â€śafter the Federal Reserve said there are â€śdownside risksâ€ť to the economic outlook and planned to replace much of the short-term debt in their portfolio with longer-term Treasuries.â€ť
The Fedâ€™s â€ścontinued negative outlook on the economy and they basically donâ€™t see any hope -- that worries me the most,â€ť comments via phone interview Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors based in Sacramento, CA.
The stocks were sent down as â€śsome people were looking for a full-blown monetary easing program. They didnâ€™t quite get it,â€ť he said.
To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com, email Keith@KeithSpringer.com or call (916) 925-8900. For up-to-the-minute market updates visit his blog http://www.KeithSpringer.info. 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 Tacticalâ„˘ 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. With over 25 years of experience in managing multifaceted personal and institutional portfolios, I have the expertise to help you with the most complex financial decisions you will face. Whichever direction the wind blows, you will always rest assured knowing I am personally and professionally committed to your best interests.