S&P 500 ended week positive despite continued market volatility affecting C Fund performance
Current TSP allocation strategy maintained as market conditions don't warrant changes yet
Negative interest rates in Switzerland highlight global economic uncertainty affecting I Fund
The volatility continued in the U.S. markets, but it was sure nice to see the S&P 500 end the week on an up note. On the global front, the Swiss Central Bank allowed their currency to float against the euro and decreased their interest rate to -0.75%. That's called paying the bank to hold your money. With regard to TSP allocations, we'll go ahead and maintain the current recommendation.
The volatility continued in the U.S. markets, but it was sure nice to see the S&P 500 end the week on an up note. On the global front, the Swiss Central Bank allowed their currency to float against the euro and decreased their interest rate to -0.75%. That's called paying the bank to hold your money. With regard to TSP allocations, we'll go ahead and maintain the current recommendation.