Business/Economic News - North Light Financial Services

Could the Bulls Still Run Without the Fed?

Could the Bulls Still Run Without the Fed? If the central bank ceased easing, could stocks continue their ascent? Could this bull market last with less help from the Federal Reserve? Is it propped up by the Fed’s stimulus, or strong enough to sustain itself if the central bank reduces its efforts? Some factors hint that the economy and the market may have a bit more strength than assumed, even with Q2 GDP projections being tempered. The real estate comeback [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:29-04:00June 26th, 2013|Business/Economic News, Stock Market|Comments Off

Has “Sell in May” Gone Away?

Has “Sell in May” Gone Away? Investors aren’t yet backing out of stocks this spring. Healthy skepticism hasn’t motivated much selling. An old belief has lingered on Wall Street for years – the belief that investors should get out of stocks in May and get back into stocks in October. But here we are in May – and while analysts are wondering how much more upward progress stocks can make, gains are still occurring. On May 9, the S&P 500 [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:30-04:00May 17th, 2013|Business/Economic News, Investing|Comments Off

What Does the Dow’s Record High Really Mean?

What Does the Dow’s Record High Really Mean? Does it signal anything more than bullish sentiment? Next stop, 15,000? As the Dow Jones Industrial Average settled at a new all-time high of 14,253.77 on March 5, the psychological lift on Wall Street was undeniable – the market was finally back to where it was in 2007. Or was it?1 For many Americans, the Dow equals the stock market, and the stock market is a direct product of the economy. It [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:30-04:00March 14th, 2013|Business/Economic News, Stock Market|Comments Off

Gauging the Sequester’s Impact

Gauging the Sequester’s Impact Where and how soon might the cuts be made? As there was no last-minute agreement between Congress and the White House to postpone federal budget cuts scheduled to take effect March 1, the ax now falls. Unless a bipartisan effort somehow undoes them, assorted federal government agencies will have their budgets reduced by $85 billion between now and October 1, as the initial step in a planned $1.2 trillion deficit trimming over the next ten years. [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:30-04:00March 7th, 2013|Business/Economic News, Congress|Comments Off

The Debt Ceiling Dilemma

THE DEBT CEILING DILEMMA Tension eases for the moment, but contention remains. Global investors watch America anxiously. In late December, the U.S. technically reached its debt ceiling of approximately $16.4 trillion, with the federal government taking what Treasury Secretary Timothy Geithner called “extraordinary measures” to avert a default.1 Even as House GOP leaders announced plans Friday to approve a three-month increase in the federal debt limit, tension remains - and that tension could provoke a debt ceiling battle on [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:31-04:00February 5th, 2013|Business/Economic News, Congress|Comments Off