TSP Market Summary: Week of July 12, 2015
Key Takeaways
- Markets showed resilience despite ongoing Greek debt crisis, recovering in latter half of week
- Recommended reducing stock fund exposure as cautionary measure against European uncertainties
- Greek austerity measures signal continued volatility ahead for international markets
Recommended Allocation (Moderate Profile)
This is our historical recommendation from this date. For current recommendations, subscribe.
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 40% | 0% | 20% | 27% | 13% |
Last week was a continuation of bad Greek news, but the markets held their ground for the most part and rebounded on Thursday and Friday. That said, Greek residents sure have a tough time ahead with their new austerity package. On the TSP front, we still remain cautious and therefore recommend taking some money off the table and decrease equity exposure to 60%