TSP Market Summary: Week of February 06, 2016

By Roy Weisert, PhD, CFP

Key Takeaways

  • S&P 500 dropped below 1900, signaling continued weakness in C Fund performance
  • Maintaining defensive TSP allocation for nearly a month due to volatile market conditions
  • Individual stock volatility like LinkedIn's 40% drop shows continued market instability

This was a bearish week as the S&P 500 closed below the 1900 level. Unlike last Friday, this Friday was tough. One of the lowlights was that LinkedIn lost over 40 percent on that day only. As such, we continue to remain cautious and recommend staying with the same allocation that we’ve had for nearly a month now.