TSP Market Summary: Week of August 12, 2014

By Roy Weisert, PhD, CFP

Key Takeaways

  • Markets showed consolidation pattern with strong 1% S&P 500 rally on Friday
  • Balanced equity allocation provides flexibility for uncertain market direction ahead
  • Next market leg's direction remains unclear, requiring cautious positioning strategy

This past week on the markets has been one of consolidation, although that 1 percent bump on the S&P 500 on Friday sure was nice. It will be interesting to see what the next leg brings, and in what direction, so maintaining about 50% in equity funds allows us flexibility in either direction.