TSP Market Summary: Week of July 22, 2017
Key Takeaways
- S&P 500 and all major indices reached record highs during a strong week for markets
- All three TSP equity funds hit new highs, with I fund leading performance rankings
- Strong earnings season continues with 170 more S&P 500 companies reporting next week
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 |
|---|---|---|---|---|
| 0% | 0% | 35% | 25% | 40% |
Another great week for the markets as the major indices all hit record highs. Wednesday was record day for the S&P 500 and by Friday it closed at 2473, about one point shy of that record. Earnings season has been good this quarter and next week another 170 companies in the S&P 500 report. Who knows but we could be seeing another “psychological” 2500 level by next Friday. With TSP TIPS all three equity funds also hit new highs so we’ll remain 100 percent invested. However, based on their performance rankings, the C fund has jumped above the S fund while the I fund remains at the top. As such, we’re recommending a slight allocation shift moving 10 percent out of the S fund and putting 5 percent more into the I and C funds.