Fed Chair Powell's neutral rate comments sparked a bullish market surge benefiting C and S funds
Current TSP allocation maintained despite positive market movement showing cautious optimism
G20 trade discussions this weekend pose key risk for Monday's market and TSP fund performance
This week the markets were just the opposite of the previous week with the S&P 500 closing up Friday at 2760. The outlook for a neutral vice increasing interest rate environment expressed by Fed Chairman Powell on Tuesday gave a bullish surge to the markets. The other big event is this weekend’s G20 meeting, so we’ll see how “trade tariff” factors into the market come Monday. For TSP TIPS this week, we’ll maintain our current allocation but at least we started to see a glimmer of bullish hope.
This week the markets were just the opposite of the previous week with the S&P 500 closing up Friday at 2760. The outlook for a neutral vice increasing interest rate environment expressed by Fed Chairman Powell on Tuesday gave a bullish surge to the markets. The other big event is this weekend’s G20 meeting, so we’ll see how “trade tariff” factors into the market come Monday. For TSP TIPS this week, we’ll maintain our current allocation but at least we started to see a glimmer of bullish hope.