TSP Talk Weekly Wrap Up
All the TSP funds produced gains this week with credit to dovish central banks and word of trade progress.
All the TSP funds produced gains this week with credit to dovish central banks and word of trade progress.
It was a harsh week for investors starting with a sell off into Monday’s close and from there we said goodbye to last week’s big gains. Wednesday’s losses were the greatest sting of the week as stocks fell sharply most of the day. Stocks leveled out a bit on Thursday however it was the fourthRead… 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 »
Stocks started last week with a small loss on Monday, but by Tuesday the bulls were back in business. There was a 2-day FOMC meeting on Tuesday and Wednesday and the Fed didn’t say anything to upset investors. That opened the door for buyers to take charge into the end of the week. Here areRead… Read more »
After a couple of weeks of selling, stocks started to rebound from some extreme oversold conditions last week. The question now is whether we have seen the lows or if this is just a relief rally. Geopolitical events are still playing catalyst as solid gains on Friday quickly turned into losses when violence was sparkedRead… Read more »
Stocks had to endure a Fed policy statement and the July jobs report this past week and the result was 2% or more declines in the indices. Neither seemed to be the direct culprit of the selling, but rather the combination of geopolitical events and weakness in Europe seemed to finally take its toll onRead… Read more »
Thanks Steve, for the opportunity to post. To view the full article with charts, please go to TSP Talk for the daily market commentary, or here for 11/10/08’s specific article. I write a daily commentary on TSP Talk but I will likely just post Monday’s articles on GovLoop.com. ——————————————————————————————————————– What a week! Tuesday saw aRead… Read more »