Keith Springer is Quoted in Reuters, China exports propel world stocks, euro, oil

June 14, 2010 (MMD Newswire) -- Keith Springer President of Capital Financial Advisory Services in Sacramento California is Quoted in Reuters

China exports propel world stocks, euro, oil

SACRAMENTO, Calif. June 10, 2010 - Keith Springer discusses the impact of China's growth on the United States markets and economic stability.

According to Reuter's reporter, Al Yoon, "Commodities prices surged, with crude oil and copper rising as the Chinese export data instilled confidence in demand. China is the world's top base metals consumer and the world's second-biggest oil consumer."

"If China does not slow down then the world doesn't slow down," said Keith Springer, president of Capital Financial Advisory Services in Sacramento, California. "Everything hinges on China. If consumer spending can get to the levels where it was, then we are in a new bull market."

"The strength in the euro helped pull European stocks from an early slump and spilled over to the United States," Yoon continues. "Movements in U.S. stocks have been closely tied to swings in the euro as investors use the currency as a barometer for confidence in the euro-zone economy."

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.