TSP Market Summary: Week of April 02, 2016
Key Takeaways
- S&P 500 moved into positive territory for first time in 2016 following Fed Chair comments
- C, S, and I fund performance rankings may improve due to stronger 3-month returns
- Two monthly reallocations planned for next weekend and April 23rd based on conditions
Last week the S&P 500 finished out the first quarter by moving into positive territory for the first time this year. Many on Wall Street called it a Yellen Rally after the Fed Chair’s Tuesday comments. Next week we may see an increase in the equity funds (C/S/I) performance rankings due to an increase in their 3 month returns. If warranted and for planning purposes, expect our two monthly reallocations next weekend and 23 April.