The July 2021 Market Thoughts Video is now available on our website. Listen in as Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for June. It was a mixed month for the markets. In the U.S., the Nasdaq and the S&P 500 were up, but the Dow ticked down. We saw the same trend internationally, with developed markets falling even as emerging markets moved ahead. On the economic front, business confidence remains at or close to all-time highs. Still, the problems of success (labor shortages and supply chain issues) loom large. So, where do we go from here? 

Are you applying for a mortgage or a loan and need a copy of your federal income tax return? The IRS has transcripts you can order online by visiting IRS.gov. Here you can also learn about the different types of transcripts available from the IRS.
For many Americans, social security benefits make up a significant portion of retirement income. When it comes to how much you will receive, you may be surprised to learn that you have a choice in the matter—and timing is everything. Learn more...
After two years of decreases, interest rates on federal student loans are set to increase almost a full percentage point for the 2021-2022 school year. Read more...