TSP Market Summary: Week of July 18, 2015
Key Takeaways
- Markets returned to fundamentals with earnings driving performance over political concerns
- Strong earnings season led to increased allocation toward stock funds (C, S, I funds)
- Continued strong earnings could support potential summer market rally ahead
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 |
|---|---|---|---|---|
| 10% | 0% | 40% | 30% | 20% |
It sure was nice to see the markets go back to its core and move based upon corporate earnings instead of political angst. Earnings season is in full swing with Google exceeding expectations and gaining over 15% on Friday alone. Strong earnings should continue on this week, which hopefully may be the start of a summer rally. As such, stock allocation is being increased to 90%.