Keith Springer Announces the Release of his new article Market Brief

KeithSpringer President of Capital Financial Advisory Services in Sacramento California Announces the Release of his new article Market Brief

The World in Turmoil

SACRAMENTO, Calif. (MMD Newswire) May 27, 2010 -- Keith Springer, President at Capital Financial Advisory Services provides in-depth analysis on the tensions in Korea, the European banking crisis and the current U.S. market in his special addition Market Brief Newsletter.

"The markets are acting crazy again today on the increased tension between North and South Korea," Springer begins. "We haven't had a geo-political event in a long time, and unfortunately they always jolt the markets. In the end, nothing will come of it. Kim in North Korea is simply puffing out his chest and to get some attention. We have thousands of troops stationed there with enough weapons to put...or rather keep North Korea in the Stone Age."

"The European banking crises is also weighing on the markets, as 4 Spanish banks said they would join due to a push by regulators to merge with stronger partners. Although the European banking crises is a serious problem, they do not have tons of unknown toxic assets on their books like we did 2 years ago so it won't be as bad as some are predicting. Yes, Greece will go through a depression, but it won't bring down the EU or the world," Springer continues.

"As for our markets, they are actually doing OK, having successfully retested the recent lows for the second time this morning, which I mentioned was not only likely but necessary in my last week's commentary. The funny thing about corrections is that everybody agrees that we need them, but when we are in their midst people freak out. Although that's a bad thing for our hearts, it's a good thing for the markets. In fact, it is very likely that we are finally seeing a selling climax or capitulation here, with a strong rally soon to follow. In any event, we are prepared for both scenarios."

To view more of Keith's newsletters visit www.KeithSpringer.com and click the "Weekly Economic and Market Updates" 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 is 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.