Axial Updates

Market Update for the Quarter Ending September 30, 2022 Presented by Axial Financial Group   September Sell-off Caps Challenging Quarter Equity markets saw widespread declines in September, wiping out gains from earlier in the quarter and bringing the major...

Weekly Market Update, September 26, 2022 Presented by Axial Financial Group                                    General Market News On Wednesday, the Federal Open Market Committee (FOMC) interest rate decision from the September 21–22 meeting was announced. The...

Chapter 62F Taxpayer Refunds Massachusetts law requires that when tax revenue collections in a given fiscal year exceed an annual tax revenue cap, the excess revenue is returned to taxpayers. TABLE OF CONTENTS Overview Refund Estimator Frequently Asked Questions...

Weekly Market Update, September 19, 2022 Presented by Axial Financial Group General Market News Last week came with the release of hotter-than-expected August inflation data. The Consumer Price Index (CPI) saw an increase of 0.1 percent against expectations for a...

Weekly Market Update, September 12, 2022 Presented by Axial Financial Group                                      General Market News As the Federal Open Market Committee (FOMC) enters its quiet period leading up to the September 20–21 meeting, market participants...

Weekly Market Update, September 06, 2022 Presented by Axial Financial Group                                      General Market News Following hawkish messaging from the Federal Reserve (Fed)’s economic symposium at the end of August, market participants look toward...

Market Thoughts for August 2022 [Video] Posted by Brad McMillan, CFA, CAIA, MAI  This entry was posted on Sep 2, 2022   After a strong rebound in July, markets pulled back again in August. U.S. and developed international markets ended the month down by 3 percent...

Weekly Market Update, August 29, 2022 Presented by Axial Financial Group   General Market News Although August is an off month for Federal Open Market Committee (FOMC) meetings, Federal Reserve (Fed) Chair Jerome Powell still had an opportunity to provide forward...

Market Thoughts for August 2022 [Video] Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Aug 2, 2022   After a terrible start to 2022, markets rebounded in July. U.S. and developed international markets were up by 5 percent or more, with only...

Weekly Market Update, August 22, 2022 Presented by Axial Financial Group General Market News Without a Federal Open Market Committee (FOMC) meeting in August, the Federal Reserve (Fed) will likely rely on this week's Economic Policy Symposium in Jackson Hole, Wyoming,...

Monthly Market Risk Update: August 2022 Posted by Brad McMillan, CFA, CAIA, MAI, Aug 17, 2022    My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Market Risk...

Weekly Market Update, August 15, 2022 Presented by Axial Financial Group                               General Market News                              Last week’s inflation reports showed encouraging signs of softening, but the Federal Reserve (Fed) is still far from...

Inflation Continues to Cool: Is This a Change in Trend? Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Aug 11, 2022   Earlier this week, we saw the Consumer Price Index (CPI) report was down from last month and generally well below...

Weekly Market Update, July 25, 2022 Presented by Axial Financial Group                                      General Market News   S. Treasury yields were down last week as expectations of a recession and a potential slowdown in rate increases from the Federal Reserve...

Published: July 14, 2022 Updated: July 16, 2022 Taxes may take a bigger chunk of your Social Security, Medicare, investments — and more Inflation has been the big economic story of 2022. Steep increases in consumer prices have hurt families in many ways—some of which...

Monthly Market Risk Update: July 2022 Posted by Brad McMillan, CFA, CAIA, MAI, Jul 13, 2022 Presented by Axial Financial Group My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this...

Weekly Market Update, July 18, 2022 Presented by Axial Financial Group                                      General Market News Last Wednesday, U.S. inflation numbers for the month of June were released and the Consumer Price Index (CPI) report exceeded expectations...

Weekly Market Update, July 11, 2022 Presented by Axial Financial Group General Market News Following last week’s release of the Federal Reserve (Fed)’s June meeting minutes, all eyes now turn toward the July meeting. With core inflation remaining stubbornly higher...

Weekly Market Update, July 5, 2022 Presented by Axial Financial Group                                        General Market News The balancing act continues following the 75 basis point (bp) interest rate hike at the 6/14–6/15 Federal Open Market Committee (FOMC)...

Weekly Market Update, June 27, 2022 Presented by Axial Financial Group                                      General Market News After the Federal Open Market Committee (FOMC) raised the federal funds rate 75 basis points (bps) at its June meeting, Federal Reserve...

A 67-year-old who ‘un-retired’ shares the biggest retirement challenge ‘that no one talks about’ Presented by Axial Financial Group Published Wed, Jun 15 2022 EDT Updated Wed, Jun 15 2022 George Jerjian, Contributor In 2007, at age 52, I was forced to retire...

Last week we had the pleasure of hosting a special appreciation event for our broker dealer, Commonwealth Financial Network. We've been partners with Commonwealth for over 16 years! Surprisingly, we haven't had the open opportunity to meet many of these fantastic...

Weekly Market Update, June 21, 2022 Presented by Axial Financial Group                                                      General Market News The Federal Open Market Committee (FOMC) announced a 75 basis point (bp) hike in the federal funds rate after its most...

Grandparents Can Give More To College 529 Plans After Rule Change MAY 27, 2022 • SCOTT CARPENTER Grandparents who want to help pay for grandkids’ college costs are getting more bang for their buck. Recent changes to financial aid rules mean they’ll soon be able to...

Weekly Market Update, June 8, 2022 Presented by Axial Financial Group                                      General Market News The U.S. Department of Labor reported that employers added 390,000 jobs in May. At the same time, the unemployment rate remained flat at 3.6...