There was no budget or debt deal made in Washington last week, but that didn’t stop the market from reacting to the rumors. For those who like volatility, it was a week of big swings. Stocks were down sharply on Monday and Tuesday, stabilized on Wednesday with a positive reversal day, then they soared onRead… Read more »
It was a bit of a rollercoaster ride last week as there was little progress made in the budget negotiations. We had sold off into the Monday night deadline, but the market surprised a lot of folks by rallying on Tuesday. The back and forth continued and ended with a strong day on Friday. ThisRead… Read more »
Stocks were mixed last week in front of the uncertainty of this Monday’s deadline for a continuing resolution to fund the government. Considering what is at stake, the market held up rather well, but as our TSP Talk Plus members saw this week, a shutdown hasn’t always been a bad thing for the market. HereRead… Read more »
Stocks rallied sharply on Wednesday last week, after the Fed announced no tapering to their bond buying policy at this time . The bulls loved it, as you can see on the chart below, but we saw the indices give back some of the gains on Thursday and Friday. Here are the weekly, monthly, andRead… Read more »
During what is supposed to be the weakest month of the year historically, stocks had another great week adding to some impressive gains for the month of September. Some were calling it a relief rally after the threat of a strike on Syria subsided, and if that is the case, it may be an overreaction.Read… Read more »
Stocks were relatively flat on Friday but it was a wild day to end the week. The jobs report was a disappointment with over 10,000 fewer jobs being created in August than was expected, and there were also downward revisions made to both June and July’s report. The good news is, the unemployment rate droppedRead… Read more »
The Thrift Savings Plan took a dip in August. With the exception of the government-securities G Fund, all the funds in the Thrift Savings Plan finished August in negative territory. Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board. She told Chris Dorobek on the DorobekINSIDER program that AugustRead… Read more »
The Thrift Savings Plan rebounded last month from a June dip. That’s good news for your retirement account. Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board. She told Chris Dorobek on the DorobekINISDER program that all TSP funds posted in positive territory for the first time since April.Read… Read more »
After across-the-board gains in March and April, Thrift Savings Plan funds lost a little steam last month. But still the year to date numbers are up. Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board, the board oversees the TSP. She told Chris Dorobek on the DorobekINSIDER program thatRead… Read more »
The stock market is up and the DOW stock market index has recovered from its low of 6629 in March of 2009 to over 15,000 recently. Interest rates and yields on CDs, treasuries, and savings have remained historically low. The government has artificially maintaining interest rates well below norm to stimulate the economy and toRead… Read more »