The weather is finally getting nice in DC and spring/summer is right around the corner (cue Olaf to share all the reasons why summer is the best). That means here at GovLoop, we’re hiring for our summer fellowship cohort! We’re looking for bright, hard-working current or recent graduate students to help create valuable resources for our awesome members.Read… Read more »
Stocks had their third consecutive week of loss after a rising dollar hurts earnings for U.S.-based multinational companies whose products become more expensive overseas. The rising dollar also brought oil down to $44.84, another key factor affecting strength in stocks. Here are the weekly, monthly, and annual TSP fund returns for the week ending MarchRead… Read more »
Full disclosure: I came into work today a little grumpy. It’s Monday and that’s pretty much just the way of the world. But, this Monday is particularly challenging because it’s one of the first days after the start of Daylight Saving Time. My body clock is still off and I’m definitely feeling the effects ofRead… Read more »
Investors were taking a breather midweek after sending the Dow Jones Industrial Average and S&P 500 to record closes on Monday and it looked as if we were going to see another flat week for stocks. However, stocks hit a wall on Friday and retreated after the strong jobs report was released as the bigRead… Read more »
If you are like me, and you live in between VA and NJ, you are looking forward to the predicted 8 inches of snow. For our neighbors who are older, injured or have an access or functional need, snowstorms can cause a great deal of anxiety and pose a threat to their well-being. Often, thoseRead… Read more »
Stocks traded virtually flat across the board for the week leaving the action to intraday traders tracking down daily peaks. It seems to be unpredictable as to what will motivate stocks to make their next move. February was a strong month for stocks overall and very different from January’s volatile action. So what’s in storeRead… Read more »
On February 2nd, the President unveiled his new $4 trillion proposed budget for FY 2016. Obviously the federal government was paying close attention, but state and local governments were also on high alert. The reason? Simple: the President’s budget also provides funding to states and localities in several different areas like transportation, education and infrastructure.Read… Read more »
Stocks were mostly flat with volatility falling during the four day week, however Friday was taken over by the bulls who were able to push the indices to new highs after Greece secured a four-month extension to euro zone funding avoiding bankruptcy… for now. I guess that was good enough news to buy. Modest gainsRead… Read more »
A few years ago I was on a road trip with some friends. We were traveling in a caravan and using walkie-talkies to communicate between cars. The third day out the sun was bright and the weather was hot. We were passing through a particularly long stretch of road with absolutely no sign of civilizationRead… Read more »
It was another solid week for stocks as we saw new highs in a couple of the TSP stock funds. Rumors of a debt deal for Greece, and oil prices staying above $50 a barrel were key components for the market. The rumors weren’t conformed but it was enough to keep investors buying. Oil aboveRead… Read more »