TSP Market Summary: Week of October 13, 2014
Key Takeaways
- Dow Jones erased entire 2014 gains during market's worst week in two years
- Previous week's cautious allocation advice helped TSP investors weather the downturn
- Market volatility validates more defensive positioning for federal employees
Not a good week for the markets as the Dow has now erased all of its 2014 gains and the S&P 500 has had its worst week in two years. Last week's recommendation for a more cautious allocation sure makes this week's market performance (or lack of) easier to handle.