TSP Market Summary: Week of May 11, 2019
Key Takeaways
- S&P 500 had worst week of year due to trade war tensions, but recovered Friday
- F Fund bond performance reached historic highs and moved into top three rankings
- Calmer week expected ahead with earnings season ending and fewer Fed meetings
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 |
|---|---|---|---|---|
| 0% | 25% | 40% | 35% | 0% |
The markets sang a different tune this week after Trump tweets, "broken deals", and tariff hikes made headlines. While the S&P 500 may have had its worst week of the year, we need to remember that the previous week it set a new record high, so these pullbacks are not too far from the norm. It also was nice to see Friday’s bullish midday reversal with the S&P 500 closing at 2881. Next week earnings season closes out, there’s no Fed meetings and the tariff banter seems to be behind us, so we would expect somewhat of a less volatile week. For TSP TIPS, the F bond fund was lurking in the shadows and made a new historic high on Tuesday, while also moving into the Performance Rankings Top Three. As such, we recommend the following reallocation.