TSP Market Summary: Week of July 29, 2014

By Roy Weisert, PhD, CFP • July 29, 2014

Key Takeaways

Friday's market drop was driven by specific company issues (Amazon, Visa), not broad concerns
Overall market fundamentals remain strong despite single-day volatility
Upcoming economic releases could provide new direction for TSP allocations

Tough day on Friday, but primarily due to bad news from Amazon and Visa. Overall markets still look good, and next week we have lots of economic news hitting the street (hopefully good news). Watch for new allocations this coming Monday or Tuesday!