TSP allocation strategy remains unchanged with potential adjustments planned for next weekend
2018 volatility continues as earnings season progresses, contrasting with calm 2017 markets
The S&P 500 closed down Friday at 2670, but it should be noted how it has followed a pattern over the past few weeks with the markets hitting session lows going into the weekend. The big story this week was interest rates. The 10-year treasury yield rose close to three percent, its highest level since 2014. The beginning of 2018 has been much more volatile than 2017, and the markets will be “earnings” influenced next week as earnings season continues. With regard to allocation, we’ll maintain the status quo and hold off on a second reallocation until next weekend if needed. Lastly, we would like to say to our new friends in Phoenix that we enjoyed meeting you and hope you enjoyed the TSP training.
The S&P 500 closed down Friday at 2670, but it should be noted how it has followed a pattern over the past few weeks with the markets hitting session lows going into the weekend. The big story this week was interest rates. The 10-year treasury yield rose close to three percent, its highest level since 2014. The beginning of 2018 has been much more volatile than 2017, and the markets will be “earnings” influenced next week as earnings season continues. With regard to allocation, we’ll maintain the status quo and hold off on a second reallocation until next weekend if needed. Lastly, we would like to say to our new friends in Phoenix that we enjoyed meeting you and hope you enjoyed the TSP training.