Business/Economic News - North Light Financial Services

Can We Avert the “Fiscal Cliff”?

CAN WE AVERT THE “FISCAL CLIFF”? 2013 isn’t far off, yet both sides of Congress could end up far apart. Recently, you may have heard about the “looming fiscal cliff”, the “coming fiscal cliff” and so forth. What exactly is it? Briefly stated, the “fiscal cliff” is a potential $7 trillion dilemma facing Congress this fall – a Congress not known for ready cooperation. If America goes over it, our economy could stumble.1 Will Congress act before 2013? Federal Reserve [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:33-04:00August 9th, 2012|Business/Economic News, Income Taxes|Comments Off

Insurance Implications From The Appoval Of The Affordable Care Act

INSURANCE IMPLICATIONS FROM THE APPROVAL OF THE AFFORDABLE CARE ACT What happens in the wake of the Supreme Court’s decision? The mandate stands. By a 5-4 vote, the Supreme Court has upheld the core of the 2010 Affordable Care Act. The law’s most controversial provision will stand – the mandate requiring every American citizen to buy individual health insurance coverage.1 The court made a key distinction, interpreting that mandate not as a directive but as a tax. “The federal government [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:33-04:00July 26th, 2012|Business/Economic News, Health Insurance|Comments Off

The Financial Impact Of The Affordable Care Act

THE FINANCIAL IMPACT OF THE AFFORDABLE CARE ACT A look at the ripples from the Supreme Court decision. President Obama’s health care law has held up in the Supreme Court. So what impact might this have on the stock market, businesses, and investors in the coming months? How will Wall Street take this? After the June 28 ruling, stocks of key managed care companies fell while hospital stocks and Medicaid-related stocks rallied. Was this a reaction confined to a market [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:33-04:00July 12th, 2012|Business/Economic News, Personal Finance|Comments Off

June 2012 Economic Update

Things fell in May: stock and commodity prices, Treasury yields, mortgage rates, gas prices and the value of the euro. Investors worried about fragmentation of the eurozone, the possibility of default in Greece and bank woes in Spain. U.S. economic indicators ranged from tepid to middling, leading some analysts to wonder if another stimulus was needed. All told, it was a rough month for the market the poorest month for the Dow since May 2010. Would 2012 simply be [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:33-04:00June 20th, 2012|Business/Economic News|Comments Off

China, its Currency and the Global Economy

Right now, there are dozens of mutual funds and ETFs devoted explicitly to investing in China’s impressive emerging market. Even with the risk of asset bubbles, the promise of China is simply too tantalizing to ignore for many. The question is whether its economy can maintain its powerful momentum in 2012. If not, the impact on global investors could be significant. Is China headed for a soft landing… or a hard one? Recent data out of the PRC has given [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:34-04:00May 10th, 2012|Business/Economic News|Comments Off