Dow, NASDAQ, and S&P 500 broke records Wednesday with November posting biggest gains since June
TSP equity funds (C/S/I) all hit new highs with current allocation performing well vs benchmarks
December historically strong for markets with low volatility and trade optimism supporting outlook
The short week couldn\'t stop the Dow, NASDAQ, and S&P 500 from breaking records Wednesday. November has had the biggest one month gain since June of this year. Next week we will see November\'s employment report which is important to gauge economic health. More jobs equals more pay equals more consumer spending. Looking further forward, Decembers typically are a great month for the markets and with volatility at a low, trade deal optimism, and the Russell 2000 breaking through, next month could close out the year with more records. For TSP TIPS, the TSP equity funds all recorded highs on Wednesday and our current allocation is right in line with the C/S/I performance ranking. Therefore we are not making a reallocation recommendation this week.
The short week couldn\'t stop the Dow, NASDAQ, and S&P 500 from breaking records Wednesday. November has had the biggest one month gain since June of this year. Next week we will see November\'s employment report which is important to gauge economic health. More jobs equals more pay equals more consumer spending. Looking further forward, Decembers typically are a great month for the markets and with volatility at a low, trade deal optimism, and the Russell 2000 breaking through, next month could close out the year with more records. For TSP TIPS, the TSP equity funds all recorded highs on Wednesday and our current allocation is right in line with the C/S/I performance ranking. Therefore we are not making a reallocation recommendation this week.