Weekly Market Update, May 31, 2022 Presented by Axial Financial Group General Market News The Federal Open Market Committee (FOMC)'s most recent meeting minutes were released last Wednesday and provided...
Posted by Brad McMillan, CFA, CAIA, MAI, May 11, 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 month’s Economic Risk Factor Update....
Posted by Brad McMillan, CFA, CAIA, MAI, May 3, 2022 Presented by Axial Financial Group April was one of the worst months for the markets since the start of the pandemic. U.S. markets were down between 5 percent for the Dow and 14 percent for the Nasdaq, while...
Why Is the Market Going Down? By Brad McMillan, CFA, CAIA, MAI, April 26, 2022 Presented by Axial Financial Group The economy seems to be doing well, with job growth still at high levels, consumer spending still healthy, and businesses continuing to invest. But the...
Will The Housing Market Crash? Experts Give 5-Year Predictions Published by Natalie Campisi and Rachel Witkowski Presented by Axial Financial Group Forbes Advisor Staff, Editors, Apr 4, 2022 The housing market appears to be operating without brakes as home...
4 Steps To Help Your Kids Build Smart Money Habits Presented by Axial Financial Group Authored by Ashlea Ebeling Senior Contributor, Forbes, April 5, 2022 Presented by Axial Financial Group 1. HELP KIDS LEARN WITH REAL MONEY Giving your kids a reasonable...
The Fed Raises Rates... And The Markets Go Up? Presented by Axial Financial Group Posted by Brad McMillan, CFA, CAIA, MAI, March 17, 2022 One of the things we know, mathematically, is that if interest rates go up, stocks should go down. If you consider a stock price...
IRA Contributions Can Be Made Until April 18 Presented by Axial Financial Group Tax Time Guide: Saving for retirement? IRA contributions for 2021 can be made until April 18 IR-2022-52, March 8, 2022 WASHINGTON — The Internal Revenue Service reminds taxpayers...
Market Thoughts for March 2022 (Video) Presented by Axial Financial Group Posted by Brad McMillan, CFA, CAIA, MAI, Mar 1, 2022 Markets were down across the board in February, with U.S. indices dropping between 3 percent and 4 percent, while international markets were...
To help you steer clear of this year’s top scams, learn red flags to watch out for—along with some timely tax-filing reminders.
Weekly Market Update, February 7, 2022 Presented by Axial Financial Group General Market News The U.S. Treasury yield curve shifted higher last week as economic data moved upward. Friday’s January employment report showed a rise in...
6 steps to take to protect your loved ones and yourself by Judi Hasson, AARP, Updated January 21, 2022 If you're a caregiver, part of your job may be to keep track of your loved one's legal affairs. And you probably know — or are learning — that it's a big...
Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Feb 1, 2022 After a strong close to 2021, markets pulled back to start the year, with U.S. indices dropping between 3 and 10 percent. On the medical front, the Omicron wave continued. As case...
Many IRA and retirement plan limits are indexed for inflation each year. Although the amount you can contribute to IRAs remains the same in 2022, other key numbers will increase, including how much you can contribute to a work-based retirement plan and the phaseout...
On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising inflation. The Committee accelerated the reduction of its bond-buying program in order to tighten the money...
Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Dec 1, 2021 After a strong October, November saw generally weak performance in the markets. In the U.S., the Nasdaq showed a small gain, but the S&P and the Dow were down. These...
As the end of the year approaches, it's time to start planning ahead. Now is a good time to begin pulling out last year's tax return, along with your current pay stubs and account statements. Doing a few quick projections will help you estimate your present tax...
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could...
A cashier, left, returns cash to a customer at a Vineyard Vines store at the Fashion Outlets of Chicago mall in Chicago on Nov. 23. Chicago has created a new company to sell debt, offering a tempting pledge to investors: a dedicated first claim to the city’s sales...
Among the many provisions in the multi-trillion-dollar legislative package being debated in Congress is a provision that would eliminate a strategy that allows high-income investors to pursue tax-free retirement income: the so-called back-door Roth IRA. The...
Open enrollment has started! Here's everything you need to know about this year's enrollment dates, coverage costs, eligibility details and opportunities to change coverage. Right now – during the annual Medicare open enrollment – Medicare plan enrollees can...
As Baby Boomers reach retirement age, they are beginning to realize that Social Security is going to play a bigger part in their retirement than they had previously thought. But they are also starting to realize that they don’t know as much about the system as...
Rising prices lead to biggest cost-of-living adjustment to benefits in four decades by John Waggoner, AARP, October 13, 2021 The Social Security Administration (SSA) announced Oct. 13 that its annual cost-of-living adjustment (COLA) will be 5.9 percent, a...
Posted by Sam Millette October 5, 2021 Last week saw a number of important economic updates, with a focus on durable goods orders, consumer and manufacturer confidence, and August personal income and spending. Durable goods orders and personal spending were...
Posted by Brad McMillan, CFA, CAIA, MAI, Sep 2, 2021 August was another great month for the financial markets. Here in the U.S., the markets continued to hit new highs, with the Dow up by 1.5 percent, the S&P up by more than 3 percent, and the Nasdaq up by...