Market Update—Month Ending July 31, 2024
Quick Hits Mixed Month for StocksStock returns were mixed in July. Bonds PositiveFalling interest rates led to positive bond returns for the third consecutive month. Inflation Cools Inflation showed signs of continued improvement during the month. Improving...February 2024 Market Thoughts
Brad McMillan, Commonwealth’s CIO, recaps January’s market and economic news. The U.S. stock market reported lower-single-digit gains, while international and emerging markets lagged behind. The economy performed well, as strong retail sales, a healthy jobs market,...
Decoding the Debt Ceiling Crisis: An Update
We’ve discussed the debt ceiling crisis in past articles, and now it’s back in the headlines. What does this mean, and why are we watching itnow? Several months ago, the United States borrowed as much money as it’s legally allowed to borrow and,...
401k & IRA Limit Increases for 2023
The amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022 You can see all the details here… https://www.irs.gov/newsroom/401k-limit-increases-to-22500-for-2023-ira-limit-rises-to-6500Protected: Email Signatures
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