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Terrorism & the Financial Markets

Terrorism & the Financial Markets Wall Street has the potential to recover quickly from geopolitical shocks. The worst terrorist attack in Europe since 2004 has rattled governments and investors. The French government has closed the nation’s borders and placed thousands of soldiers on the streets of the country’s major cities.1 As an anxious world watches the response of France (and perhaps other nations) to the ISIS attacks, there is also concern about European and global financial markets. Wall Street, which [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:17-04:00November 16th, 2015|Business/Economic News, International, Stock Market|Comments Off

End-of-the-Year Money Moves

End-of-the-Year Money Moves Here are some things you might want to do before saying goodbye to 2015. What has changed for you in 2015? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or professional life, then you will want to review your finances before this year ends and 2016 begins. Even if your 2015 has been relatively uneventful, the end of the [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00October 30th, 2015|Financial Fitness, Income Taxes, Saving & Budgeting|Comments Off

National Save for Retirement Week

National Save for Retirement Week Are you on target to reach your retirement goals? October 18-24 is National Save for Retirement Week – a reminder of the importance of saving and investing with the goal of a comfortable future. Are Americans saving enough for tomorrow? All kinds of articles will tell you that Americans are not. Those articles may not be telling the entire story, however. Undeniably, the average IRA balance in this country is smaller than it should be. [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00October 16th, 2015|Retirement, Savings and Investing, Well-being|Comments Off

The Fed Decides to Wait

The Fed Decides to Wait In a tough time for equities, it elects not to roil the markets. On Thursday, the Federal Reserve postponed raising short-term interest rates. Citing “global economic and financial developments” that could “somewhat” impair economic progress and lessen inflation pressure, the Federal Open Market Committee voted 9-1 against a rate hike, with Richmond Fed President Jeffrey Lacker being the lone dissenter.1 This spring, a September rate hike seemed probable – but during this past week, assumptions [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00September 18th, 2015|Business/Economic News, Interest Rates|Comments Off

What Does the Devalued Yuan Mean for the U.S.?

What Does the Devalued Yuan Mean for the U.S.? A look at China’s unexpected move & its potential impact. China has surprised global investors by weakening the yuan almost 5%. Its central bank may even weaken it further.1,5 Why did the PRC make this move? Its long-booming economy is in a slump. Most notably, Chinese exports have taken a major fall. In July, they were down 8.3% year-over-year. By depreciating the yuan, China is trying to help its exports [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00August 21st, 2015|Business/Economic News, International|Comments Off