TSP Market Summary: Week of August 15, 2015
Key Takeaways
- China's currency devaluation triggered significant volatility across global markets this week
- U.S. stocks demonstrated strong resilience, recovering from midweek losses to finish positive
- Market recovery signals potential strength in C and S fund performance going forward
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% | 40% | 10% | 10% |
What a week!! China devalued their currency and world markets reacted. On Monday and Tuesday the Dow was down and then again on Wednesday it had lost another 277 points. Around noon the Dow reversed itself and wound up even for the day, and then slightly up for the week. Given this resiliency, we\'re increasing equity allocation to 60 percent.