Keith Springer Shares Financial Forecast in Money Magazine
Keith Springer, a leading financial advisor, recently shared his forecast for investors and the U.S. economy in Money magazine. The forecast covered stock, the U.S. dollar, gold, bonds and real estate, predicting that overall, 2015 might end better than it has started.
Sacramento, CA, March 18, 2015 (Newswire.com) - Well-known financial advisor, Keith Springer, has released his money predictions for the rest of 2015. The forecast appears in Money magazine and provides investors and those approaching retirement with an insight of what to expect from the stock market, global stimulus programs and oil. Mr. Springer’s predictions indicate that, while 2015 will not be as bountiful as other years, it will be looked on overall as a good year.
One area where investors may start to see real returns is in the oil and gas sectors. Mr. Springer points out that in recent years, new technologies have made it possible for companies to extract gas and oil from locations in the U.S. This has led to new opportunities for investors as the U.S. transitions into an oil exporter. Mr. Springer believes that as this occurs, the wars in the Middle East will cease, making it unnecessary for the U.S. to spend money on defense for this global area. This would benefit all Americans in the long term, but those invested in oil may find additional profits if oil companies begin buying their own stock back.
"The stimulus packages rolling out in Japan and Europe may positively affect Americans as these economies go through a setback". Mr. Springer concludes "this will echo the economic downturn experienced in the U.S. when the federal government issued its own stimulus. "
Keith Springer, President
The stimulus packages rolling out in Japan and Europe may positively affect Americans as these economies go through a setback. Mr. Springer says that this will echo the economic downturn experienced in the U.S. when the federal government issued its own stimulus. Three ways that Americans may benefit from these global movements are:
- U.S. dollar power resurging – now is the time, Mr. Springer declares, for Americans to plan their European trip.
- Bond rates – the bond rates will remain low in the U.S. as bond rates in Japan and Europe will stay at zero.
- Federal Funds Rate – Every credible banking institution is required to keep a certain amount of money available each night. If the bank does not have enough cash in its vault, it can borrow money from another bank for that night. This money comes from the Federal Reserve and the interest rate on it is known as a Federal Funds Rate. Federal Funds Rate changes can affect the interest rates that banks charge to consumers on loans, credit cards and mortgages. Mr. Springer predicts that while this rate was expected to rise in September, the stimulus packages will prevent that from occurring.
On the lower side, real estate and gold investing is not expected to yield a lot of profits to investors. Real estate is expected to stay fairly low key until at least 2022. Mr. Springer points out that the exception may be real estate located near Palo Alto, California. Gold’s value relies on inflation and the stimulus packages going on in Europe and Japan will keep it from gaining any through the rest of the year. To read Mr. Springer’s Money magazine article, please go to http://time.com/money/content-from/impact-partnership/s110696_0/rest-of-2015/?ntv_a=aLABAzG4CAs1YLA.