TSP Market Summary: Week of July 06, 2015

By Roy Weisert, PhD, CFP

Key Takeaways

  • Greek financial crisis triggered Monday market decline but recovery followed through week
  • Single-day volatility doesn't warrant TSP allocation changes - staying course recommended
  • Short-term market swings remind investors to focus on longer-term trends over daily moves

First of all, we hope all had an enjoyable Independence Day weekend. Last week in the markets, the fireworks started on Monday with continued unrest with Greece finances. However, the market did rebound throughout the rest of the week. We need to remember that one day does not make a trend and that said, allocations remain the same.