TSP Market Summary: Week of June 12, 2016
Key Takeaways
- S&P 500 hit 2120 mid-week but dropped back below 2100 level by Friday's close
- US bond and small cap funds strengthening while international fund weakens on Brexit fears
- Recommended portfolio shifts favor US equity funds over international exposure
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% | 15% | 35% | 35% | 5% |
All told, the markets were having a pretty good week as the S&P 500 broke above the 2100 level and climbed to a high of 2120. Then Friday came along and the S&P 500 again crossed below 2100. Staying in the U.S has proved more beneficial as the bond and small cap funds keep getting stronger, while the international fund has been showing weakness presumably in anticipation of the Brexit referendum. As such, we’re recommending a slight shift between the U.S. equity funds and another between the international and bond funds.