Momentum trading, monetary stimulus, and easing trade tensions gave stocks a third consecutive week of gains. Buy it while its hot was the sentiment this week as indices like the S&P 500 continued their extension out the confinements of August trading towards the highs of July. Recession fears diminished to a degree with Chinese officialsRead… Read more »
Posts Tagged: TSP
Here are the latest updates in the performance and stocks affecting the federal government’s 401(k)-style retirement savings program, the Thrift Savings Plan (or TSP).
Stocks fell for the third consecutive week with news headlines and the yield curve in the drivers seat. Stock indices began the week down before news of a delay on the tariffs promised by the Trump Administration gave instant life to buyers who left when the tariffs were first announced. The good times were shortRead… Read more »
Stocks had their worst weekly performance since December, triggered by surprise tariffs that followed a hawkish Fed rate cut.
Economic data added to the gains helped to push the S&P 500 to new highs.
Bonds outperformed this week with poor earnings signaling trouble in the economy for investors.
U.S. stocks were up for the week as the dovish fed continues to give stock investors what they want.
All the TSP funds produced gains this week with credit to dovish central banks and word of trade progress.
Stocks soared this week giving all the TSP stock funds more than 2.5% in gains with the S-fund outperforming with a gain of 3.39%.
Stocks managed to produce gains but pulled back from highs earlier in the week; now investors are questioning whether this is the beginning of the end for the relentless upside.