Stock markets showed resilience, bouncing back from trade tariff news to finish positive
C and S funds continue generating buy signals and trading near record highs
Fed meeting on September 26th may be key catalyst for next major market movement
What a difference a week makes! Labor Day week the S&P 500 was down all four days, while this week it was up five days in a row for its best win streak in seven months and closing Friday at 2904. New trade tariff sanctions against China at mid-day Friday caused the markets to sell off, but once again they bounced right back to finish in the green. Next week has the usual economic reports coming out, but we may not see much movement until the Fed meeting on 26 September. For TSP TIPS, yes, we are still holding with our 23 June allocation of 100 percent invested in the C and S funds as they continue to give us a "buy" signal and are hovering close to their record highs. Lastly, we also wish the best to our neighboring North and South Carolina TSP TIPS subscribers weathering Hurricane Florence and have a special shout out to the Marines at Camp Lejeune assisting in their hometown relief efforts.
What a difference a week makes! Labor Day week the S&P 500 was down all four days, while this week it was up five days in a row for its best win streak in seven months and closing Friday at 2904. New trade tariff sanctions against China at mid-day Friday caused the markets to sell off, but once again they bounced right back to finish in the green. Next week has the usual economic reports coming out, but we may not see much movement until the Fed meeting on 26 September. For TSP TIPS, yes, we are still holding with our 23 June allocation of 100 percent invested in the C and S funds as they continue to give us a "buy" signal and are hovering close to their record highs. Lastly, we also wish the best to our neighboring North and South Carolina TSP TIPS subscribers weathering Hurricane Florence and have a special shout out to the Marines at Camp Lejeune assisting in their hometown relief efforts.