TSP Market Summary: Week of October 21, 2017
Key Takeaways
- S&P 500 achieved daily record highs throughout the week, closing at 2,575 on Friday
- TSP equity funds (C/S/I) hit record levels alongside broader market strength this week
- Strong momentum continues with six consecutive weeks of market gains totaling 100+ points
The S&P 500 posted record highs each day this week closing at 2575 on Friday, which also makes six straight weeks of gains. If we look back over those six weeks the S&P 500 is up over 100 points and supports our allocation choice of 100% invested in the TSP equity (C/S/I) funds, which also reached record highs this week. As such, we will continue our current allocation of 100% invested in the equity funds because "if it ain\'t broke, don\'t fix it".