This week on Smart Money with Keith Springer, find out how 1 financial strategy could equal 3 huge benefits for you! Tune into 1530 AM KFBK this Sunday to listen.
This Sunday on Smart Money with Keith Springer, we unveil the secrets to minimizing your tax bill by as much as 30-70% You don’t want to miss this show- tune in at 11 am on 1530 KFBK!
This Sunday on Smart Money with Keith Springer-Make This Mistake And You Could Decimate Your Dreams Of Retiring
In case you missed this past week’s show, the podcast is now available:
This Sunday on Smart Money with Keith Springer- Earn as much as $100,000 or more in additional social security income
Heads I Win, Tails You Lose
Ben Bernanke is the keeper of the coin that the Federal Reserve uses to flip when deciding policy. Since the crash, investors have been torn. On one hand, they know that the massive stimulus programs will do more harm than good for the economy in the long term. On the other hand, it has been the sugar in the cake fueling this market rally, and no one wants to give up sweets no matter how bad they are for you.
Just yesterday, Bernanke spoke to congress declaring that ending the QE programs prematurely would endanger the recovery, just as the economy remains hampered by high unemployment and government spending cuts. Naturally this was good news, causing the market to rally. However in the Fed minutes that followed, it was revealed that they could decide to scale back the pace of bond purchases at one of the “next few meetings” if the economic recovery looked set to maintain forward momentum. Is this a hint of things to come or just CYA? Only time will tell, but clearly the Fed operates on the Ralph Kramden “heads I win, tails you lose” platform. (more…)
Keith Springer appears as FOX40′S daily financial analyst every weekday morning. If you haven’t had the chance, take a look at his most recent FOX40 news appearances.
KTXL FOX 40 | 5.20.13 6:45 AM – Keith Springer, president of Springer Financial Advisors, appears on KTXL FOX40: Is there a possibility of a new housing bubble?
KTXL FOX 40 | 5.17.13 6:45 AM – Keith Springer, president of Springer Financial Advisors, appears on KTXL FOX40: Dell sales continue to drop as they try to take the company private; JCPenney to rebrand
KTXL FOX 40 | 5.16.13 6:45 AM – Keith Springer, president of Springer Financial Advisors, appears on KTXL FOX40: Tesla, electric car maker, to give back federal loans
Markets Dance As Bernanke “Makes it Rain”
Stocks continue to inch higher as investors remain stumped. This is the most hated rally in my 29 years of managing money. Nothing in the economy supports these new highs, except of course one thing: Ben Bernanke is “making it rain” (and so are his good friends at the European Central Bank (ECB) and the Japanese central bank (JCB) ). As I said last week, Ben is afraid of being lonely, and “You don’t fight the Fed chairman.”
Most investors feel the Fed will eventually have to quit printing money because they are creating hyper-inflation. The reality is that we are in a negative inflationary, otherwise known as a deflationary environment. Yesterday’s economic reports were eye-opening for many on Wall Street, although certainly not for readers of this newsletter. Factory output, manufacturing production, and industrial capacity utilization, all dropped like a rock as global demand is waning. (more…)