TSP Market Summary: Week of August 03, 2015

By Roy Weisert, PhD, CFP

Key Takeaways

  • Market stuck in trading range since spring with S&P 500 hovering around 2100 level
  • Fed interest rate policy uncertainty continues to influence TSP allocation strategy
  • Greece collapse and China market intervention create ongoing global economic risks

Here we are moving into August and the S&P 500 still stands at 2100. This range bound market has been with us since the beginning of spring, and maybe it will stick around into the fall. Again, the top stories are the Fed and interest rates, Greece’s market collapse, and government manipulation of the Chinese markets. As such, allocations remain the same.