C Fund declined as stocks fell below key 2100 level, potentially testing year-start levels
Election week adds uncertainty; TSP strategy focused on cautious positioning through November
This week the S&P 500 extended its losing streak to nine straight days, matching the prior streak back in 1980. Additionally, it slipped below that “psychological century mark” of 2100, finishing the week at 2085. While no one can predict the future, it seems as if it wants to return to that 2043 level where we started the year. Since we were fortunate to take advantage of that “third” monthly transaction on October 31st, we’ll hold fast with a neutral 50 percent equity allocation, see how things go this election week, and remain poised for our first November transaction at mid-month if warranted.
This week the S&P 500 extended its losing streak to nine straight days, matching the prior streak back in 1980. Additionally, it slipped below that “psychological century mark” of 2100, finishing the week at 2085. While no one can predict the future, it seems as if it wants to return to that 2043 level where we started the year. Since we were fortunate to take advantage of that “third” monthly transaction on October 31st, we’ll hold fast with a neutral 50 percent equity allocation, see how things go this election week, and remain poised for our first November transaction at mid-month if warranted.