The market had a little hangover earlier last week, after the big jobs report rally on Friday February 1. But a big reversal day on Thursday of last week, followed by a nice rally on Friday, and the market avoided its first losing week of the new year. Here are the TSP fund returns forRead… Read more »
After a very modest two day pullback on Wednesday and Thursday, stocks rebounded on Friday after what appeared to be a weaker than expected jobs report where we actually saw the unemployment rate move back up to 7.9%, and 157,000 jobs being added, which was slightly lower than estimates. But large upward revisions to theRead… Read more »
The market’s relentless move higher continued as new highs were made on the S&P 500 every day last week. Earnings have been generally strong, except for Apple’s disappointment, and imagine the gains we may have seen in the indices if Apple was involved in this rally rather than tumbling and being the worst performing stockRead… Read more »
For the second week in a row, the S&P 500 bottomed out on Wednesday, then closed near the high of the week on Friday. I don’t know what the significance of that might be except that in market timing and technical analysis, we are sometimes just watching out for patterns because they tend to repeatRead… Read more »
It is the start of a new year and time for another tall tale. As I’ve said just a few times, I am a retired Senior Executive (GSA) and the author of a recently published book, Confessions of a Government Man: How to Succeed in Any Bureaucracy. This blog can truly be called a “confession”Read… Read more »
Welcome to another blog. I am a retired Senior Executive (GSA) and the author of a recently published book, Confessions of a Government Man: How to Succeed in Any Bureaucracy. This post is another book excerpt, abbreviated and cleaned up for family entertainment. It deals with a situation I encountered during my career which, ifRead… Read more »
Welcome to another blog. I am a retired Senior Executive (GSA) and the author of a recently published book, Confessions of a Government Man: How to Succeed in Any Bureaucracy. This post is another book excerpt, abbreviated and cleaned up for family entertainment. It deals with attorneys. It is not my intention to bash theRead… Read more »
Everybody knows what the high-three is – right? – but who knows how to calculate the high-three? Definition. The high-three is the highest average salary obtained by averaging an employee’s salary over a consecutive 36-month period, with each salary weighted for the time it was in effect. In calculating the high-three, use basic salary only,Read… Read more »
Thanks all, for the kind comments to my original post on this topic. At the risk of blowing my own horn and skirting the edge of GovLoop policy, if you liked the blog you will love the book. It is 320 pages of often outrageous stories. Some reader comments to date include “hysterical,” “sitcom material,”Read… Read more »
Welcome to my blog. I am a retired Senior Executive (GSA) and the author of a recently published book, Confessions of a Government Man: How to Succeed in Any Bureaucracy. The book is meant to educate and entertain (emphasis on the latter) by sharing the wisdom gained during my lengthy government career and to impartRead… Read more »