Trade tariff headlines caused mid-week market volatility, ending with S&P 500 up at 2691
TSP allocation unchanged as markets sit between year's high and low points
Fed interest rate decision next week could significantly impact bond and stock funds
It was a “bookend” week with the markets up on Monday and Friday, and the S&P 500 closing in the green at 2691. Unlike last year, we’re noticing a recurring market behavior this year with headline reactions that cause increased volatility. This week the "talk" was trade tariffs which contributed to that mid-week volatility. Next week in economic news we have the jobs report, but more importantly the Fed and the direction of interest rates could be the big market mover. Since we are now at the approximate mid-point between this year’s high and low, we’ll maintain our current allocation and hold off on our two monthly exchanges until next week and most probably 23 March.
It was a “bookend” week with the markets up on Monday and Friday, and the S&P 500 closing in the green at 2691. Unlike last year, we’re noticing a recurring market behavior this year with headline reactions that cause increased volatility. This week the "talk" was trade tariffs which contributed to that mid-week volatility. Next week in economic news we have the jobs report, but more importantly the Fed and the direction of interest rates could be the big market mover. Since we are now at the approximate mid-point between this year’s high and low, we’ll maintain our current allocation and hold off on our two monthly exchanges until next week and most probably 23 March.