Axial Updates

Market Update—Week of January 2, 2024Presented by Axial Financial Group Quick Hits   Report releases: There were no major data releases during the holiday-shortened week.2. Financial market data: International stocks led the way as China continued to try to stimulate...

Market Update—Week of December 26, 2023Presented by Axial Financial Group   Quick Hits Report releases: Consumer confidence continued to improve as personal incomes rose for the 22nd consecutive month. Financial market data: Small-caps continued their recent...

Can We Stay the Course in the Year Ahead? A Look Ahead to 2024 Presented by Axial Financial Group   At the start of 2023, we saw dire headlines about the economy and the markets despite positive economic data. Ultimately, the results this year followed the data,...

  To Roll Over—or Not to Roll Over—Your 401(k) Presented by Axial Financial Group   As you advance in your career and hold jobs at various companies, you may discover at some point that you’ve left behind valuable cookie crumbs: a trail of employer-sponsored...

Market Update—Week of December 11, 2023Presented by Axial Financial Group   Quick Hits Report releases: The unemployment rate unexpectedly fell to 3.7 percent in November.2. Financial market data: Employment remained strong but new openings continued to fall.3....

Market Update—Week of December 4, 2023Presented by Axial Financial Group   Quick Hits Report releases: Personal income and spending growth slowed in October.2. Financial market data: Falling inflation and a dovish Federal Reserve (Fed) supported small-caps and...

Market Update—Week of November 20, 2023 Presented by Axial Financial Group Quick Hits Report releases: Consumer and producer inflation came in below economist expectations in October.2. Financial market data: Lower-than-expected inflation data lifted equities and...

  As the end of the year approaches, it's time to start planning ahead.   In between the busyness and usual "to-do's" of the upcoming holiday season, now is a good time to begin pulling out last year's tax return, along with your current pay stubs and...

Market Thoughts for August 2023 [Video] Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Nov 2, 2023   U.S. indices were down for the third consecutive month, with the Nasdaq doing the worst. International markets also pulled back, and fixed...

Market Update—Week of October 30, 2023 Presented by Axial Financial Group Quick Hits Report releases: A rise in personal consumption fueled better-than-expected third-quarter growth. Financial market data: Investors take a risk-off approach as long-term rates remain...

  Presented by Axial Financial Group When you’re starting a business, a family, or any other major life endeavor, you try to think of every risk so you can plan a strategy to put yourself on a path to success. Unfortunately, hardships aren’t always predictable,...

Market Update—Week of October 23, 2023 Presented by Axial Financial Group Quick Hits Report releases: Retail sales increased more than expected in September.2. Financial market data: Tesla and Netflix saw mixed earnings results last week.3. Looking ahead: This week’s...

By Sean Williams – Oct 14, 2023     KEY POINTS The Social Security Administration announced a plethora of changes for the upcoming year. The most-anticipated announcement is an above-average cost-of-living adjustment (COLA) for 2024. The rich will have to...

Market Update—Week of September 5, 2023Presented by Axial Financial Group Quick Hits Report releases: Unemployment ticked up to 3.8 percent in August.2. Financial market data: Growth stocks fared well as U.S. Treasury yields fell.3. Looking ahead: Investors will look...

Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Sep 1, 2023   With the end of summer drawing near, it has been a busy couple of weeks. We had the Fed’s annual conference in Jackson Hole and a whole bunch of economic data, including a new...

  That's a wrap! Axial's third annual backpack drive for School on Wheels is complete!   Each year, Axial organizes a backpack drive for children facing homelessness across Massachusetts through School on Wheels of MA. We collect new backpacks, donations, and...

Market Update—Week of August 28, 2023Presented by Axial Financial Group Quick Hits Report releases: Jackson Hole was the focus, but there were also several important data releases.2. Financial market data: We saw slightly different reactions to Jackson Hole from...

Coming rebates for energy-efficient upgrades can be combined with existing tax credits PHOTO ILLUSTRATION BY ELENA SCOTTI/THE WALL STREET JOURNAL, ISTOCK (2) By Ashlea EbelingFollow Aug. 9, 2023 9:00 am ET Many Americans will save thousands of dollars on home...

Market Thoughts for August 2023 [Video] Posted by Brad McMillan, CFA, CAIA, MAI  This entry was posted on Aug 2, 2023   U.S. indices were up by low single digits in July, with the Nasdaq doing best as tech stocks continued to rally. International markets also did...

Posted by Brad McMillan, CFA, CAIA, MAI This entry was posted on Jul 28, 2023 2:22:07 PM   There was a lot more data this week than last—and all of it was good. Everything we are seeing suggests that the economy is still growing, despite the headlines and fears....

      10 Ways To Beat The Heat & Save Money On Your Energy Bill This Summer As we push through the final months of summer, battered by record heat waves, the energy grid is put to the ultimate test. The increase in demand on the grid is usually...

  Federal Reserve raises interest rates to highest since 2001   Jennifer Schonberger Senior Reporter Wed, July 26, 2023 at 2:00 PM EDT   The Federal Reserve raised the target range for its benchmark interest rate by 0.25% on Wednesday and left the door...

Market Update—Week of July 10, 2023Presented by Axial Financial Group Quick Hits Report releases: Last week’s employment report showed surprising results to the downside in June2. Financial market data: Both equity and bond markets reset their expectations3. Looking...

Kerry Hannon Senior Columnist, Yahoo Finance June 13, 2023   Next year’s Social Security cost-of-living adjustment will likely be more than two-thirds smaller than the increase seniors enjoyed in 2023, according to new estimates, as inflation continues to cool...

Market Update—Week of June 26, 2023 Presented by Axial Financial Group Quick Hits Report releases: Existing home sales increased in May after two months of falling sales2. Financial market data: Investors took a breather from their recent buying streak3. Looking...