U.S. Retail Sales Bolsters Global Stocks

President of Capital Financial Advisory Services in Sacramento California Keith Springer Quoted in Reuters Article

U.S. Retail Sales Bolsters Global Stocks

SACRAMENTO, Calif (MMD Newswire) April 19, 2010 - Keith Springer, President at Capital Financial Advisory Services discusses the effects of consumers on the market's recovery.

Al Yoon of Reuters reports, "Unexpected strength in U.S. consumer spending and earnings at JPMorgan Chase and Intel underscored the economic rebound.

"The U.S. government reported retail sales jumped 1.6 percent in March, the largest increase since November, as consumers stepped up purchases of vehicles and a wide range of goods," Yoon continues. "The data, which topped analysts' estimate for an increase of 1.2 percent, drove optimism about consumer spending, which drives about two thirds of U.S. economic activity."

"This whole rally is being vindicated by earnings which have been phenomenal, and the comeback of the consumer," said Keith Springer.

Check out the full article http://www.keithspringer.com/article101.htm

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 is an SEC Registered Investment Advisor who 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.

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