Business/Economic News - North Light Financial Services

Flash Boys Takes Aim at Wall Street

Flash Boys Takes Aim at Wall Street A new best-seller makes two provocative assertions. But how true are they? Is Wall Street out of control? Main Street and Wall Street are abuzz over Flash Boys: A Wall Street Revolt, the new book from Berkeley-based journalist Michael Lewis (author of Moneyball and The Blind Side, London School of Economics graduate and former bond salesman). Flash Boys makes a couple of bold conclusions, which the media have had a field day with. [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00May 1st, 2014|Business/Economic News, Investing|Comments Off

Hanging on Through Turbulence

Hanging on Through the Turbulence Patience & diversification matter in all manner of stock market climates. Stocks rise, fall ... and rise again. Volatility certainly came back to Wall Street during the first several weeks of 2014 in the form of a 7.2% descent for the Dow Jones Industrial Average and a 5.9% retreat for the NASDAQ. The declines gave investors pause: was a correction underway? Would bulls be held back for 2014?1 As it turned out, no. On February [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00April 3rd, 2014|Business/Economic News, Investing, Stock Market|Comments Off

The Fed Finally Tapers

The Fed Finally Tapers The FOMC authorizes a minor reduction in bond buying starting in 2014. December 18 turned out to be T-Day: the day on which the Federal Reserve finally tapered QE3. In making the move, the Fed acknowledged an improving economy; Wall Street quickly and enthusiastically applauded its decision. The Fed will reduce its monthly asset purchases by $10 billion. QE3 will continue, but the central bank will buy only $75 billion of bonds per month starting [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00January 15th, 2014|Bond Market, Business/Economic News, Stock Market|Comments Off

Why 2014 May Be a Very Good Year

Why 2014 May Be a Very Good Year More improvement may be in store for the economy & the stock market. Will the economy & the bull market make further strides next year? On both Wall Street and Main Street, 2013 has turned out better than many analysts expected. Will the recovery gain additional momentum in 2014, and will stocks climb even higher? Optimism is widespread. Do you remember how gloomy things got at the end of 2012? Fears about [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00January 2nd, 2014|Business/Economic News, Stock Market|Comments Off

A Market to Be Thankful For

A Market to Be Thankful For Could 2013 end up being the best year for stocks since 1995? In financial terms, 2013 has been a very nice year – a year in which the economy, the housing and business sectors and the stock market have all improved. Looking back over the year to date, it is particularly amazing to see how stocks have soared in the face of many challenges – some of which proved tougher than others. Wall Street [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00December 20th, 2013|Business/Economic News, Investing, Stock Market|Comments Off