TSP Market Summary: Week of June 13, 2022
Key Takeaways
- S&P 500 broke below critical 3875 and 3810 support levels within first 15 minutes Monday
- Soft landing hopes fading as inflation and interest rate concerns persist for TSP investors
- Market volatility triggering mid-week alerts and defensive reallocation recommendations
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 |
|---|---|---|---|---|
| 100% | 0% | 0% | 0% | 0% |
The inflationary/interest rate points noted in the weekend update are still germane, and the S&P 500 gapped open to the downside on Monday. With the hope of a soft landing becoming more remote, my comment in the last update was should the S&P 500 cross below the 3875.13 and 3810.32 levels, stand by for a mid-week alert(s). Well that became a reality within the first fifteen minutes of Mondays trading as the S&P 500 fell below the 3875 reversal level quickly followed by the 3810 support level. As such, we are recommending the following reallocation.