S&P 500 achieved historic 12 consecutive months without a 3% decline, showing market strength
C Fund hit another record high this week, benefiting from continued market gains
Upcoming inflation report may signal Fed's December interest rate decision direction
The S&P 500 made history on Friday by going 12 consecutive months without a 3% pullback. After two months of gains, the S&P 500 took a pause Friday but only after hitting a record close on Wednesday at 2594. With the inflation report next week we might have another indication of what the Fed may decide in December with regard to interest rates. The "C" fund logged another record price this past week and a reminder that the TSP was closed Friday in honor of Veteran\'s Day. We are recommending no allocation change this week. To our Veteran subscribers, we thank you for your service and sacrifice for our country.
The S&P 500 made history on Friday by going 12 consecutive months without a 3% pullback. After two months of gains, the S&P 500 took a pause Friday but only after hitting a record close on Wednesday at 2594. With the inflation report next week we might have another indication of what the Fed may decide in December with regard to interest rates. The "C" fund logged another record price this past week and a reminder that the TSP was closed Friday in honor of Veteran\'s Day. We are recommending no allocation change this week. To our Veteran subscribers, we thank you for your service and sacrifice for our country.