TSP Market Summary: Week of February 24, 2018
Key Takeaways
- S&P 500 recovered to close positive at 2747 after a volatile week of trading
- C and S funds generated buy signals, indicating improved outlook for domestic stocks
- Fed Chair Powell testimony and jobs report next week could drive market direction
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 |
|---|---|---|---|---|
| 15% | 0% | 35% | 30% | 20% |
The market rallied with the S&P 500 closing positive at 2747 Friday after a volatile week. We saw the equity market showing sensitivity to the bond market this week after the Fed minutes were released on Wednesday and a rise in the 10 year note to just under 3 percent. Next week the economic market movers will be Federal Reserve Chairman Jerome Powell speaking before the Senate as well as the jobs report and retail earnings. For TSP TIPS, we saw an improvement once again with the C and S funds now giving buy signals so we’ll increase our allocation in those two by 10 percent each.