Keith Springer, Quoted in San Francisco Chronicle
Friday, 28 May 2010 02:50
Keith Springer President of Capital Financial Advisory Services in Sacramento California Quoted in San Francisco Chronicle


Swiss Stocks Decline for Second Day; Holcim, Adecco Lead Drop

SACRAMENTO, Calif. (MMD Newswire) May 27, 2010 -- Keith Springer provides insight into the ongoing effects of the European debt crisis on investors.

According to Chronicle reporter, "Swiss stocks fell for a second day as uncoordinated attempts by policy makers to resolve Europe's debt crisis unnerved investors. "

"The debt crisis in Europe is scaring the bejesus out the world markets," said Keith Springer, president of Sacramento, California-based Capital Financial Advisory Services. "There is an underlying fear that the EU and euro will unravel if the crisis continues."

"Holcim Ltd., the world's second-biggest cement maker, and Adecco SA both fell more than 2.5 percent, leading declines among exporters as the euro weakened against the dollar," the San Francisco Chronicle continues.

"The Swiss Market Index of the largest and most actively traded companies fell 112.01, or 1.8 percent, to 6,262.42. The benchmark index for Swiss equities is down 10 percent from this year's high on April 15 amid concern that Greece's debt crisis will spread. The broader Swiss Performance Index declined 1.9 percent today."

To view more media interviews visit www.KeithSpringer.com and click the "Keith in the Media" link, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call (916) 925-8900

Keith Springer, President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.