Upcoming CPI/PPI reports may signal Fed rate decisions; TSP closed Monday for Columbus Day
On Friday the S&P 500 took a breather after six straight record closings and an eight day win streak. A weak jobs report weighed on stocks Friday, but not enough to make a change with our TSP equity allocation which is fully invested at 100%. Next week\'s CPI and PPI reports could be a good indication of what the Fed does in December in regards to interest rates so the markets may react. Remember, due to Columbus Day the TSP is closed on Monday.
On Friday the S&P 500 took a breather after six straight record closings and an eight day win streak. A weak jobs report weighed on stocks Friday, but not enough to make a change with our TSP equity allocation which is fully invested at 100%. Next week\'s CPI and PPI reports could be a good indication of what the Fed does in December in regards to interest rates so the markets may react. Remember, due to Columbus Day the TSP is closed on Monday.