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The TSP funds gave back the previous week's gains this week. The first full week of December did not carry the holiday spirit. Most of the losses were accumulated in the first two days of the week with back to back sell-offs putting the C and S-fund down more than 3% and 4% respectively. Trading in the remaining three days was tight in comparison but a late sell-off on Friday did extend the weekly losses a bit deeper.

The I-fund was down but not at the same magnitude. ...

The S&P 500 broke a 5-day losing streak with a strong gain yesterday, and it had been the first time that the first five trading days in December were negative in decades. This bullish action precedes the start of a string of some of the more important economic data reports that we will get in the coming days, and the last before the end of the year; it's the PPI, CPI, and FOMC meeting. Yesterday was a choppy session after an early rally. The Dow gained an impressive 184-points, but the indices ...

Stocks chopped around in a fairly tight range on Wednesday closing mixed with the Dow leaning positive, but modest losses in the broader indices. Yields and the dollar were down but again that did not ignite any buying interest for equities, although the selling quieted down after Monday and Tuesday's sharp declines. Bonds and the F-fund were up again with yields sliding lower and the I-fund continues to hold up with that dollar weakness. The S&P 500 closed at its lowest level in a month. ...

Another sell off on Wall Street yesterday as investors position themselves for the inflation / recession debate, which seems to be a no win situation for stocks and we saw that with stocks falling this week whether bond yields and the dollar were up or down. The Dow lost another 351-points on the day so it is now down close to 1000-points since the Fed speech rally. Bonds were up and the I-fund once again led the US TSP stock funds with a more moderate loss.

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Another sell off on Wall Street yesterday as investors position themselves for the inflation / recession debate, which seems to be a no win situation for stocks and we saw that with stocks falling this week whether bond yields and the dollar were up or down. The Dow lost another 351-points on the day so it is now down close to 1000-points since the Fed speech rally. Bonds were up and the I-fund once again led the US TSP stock funds with a more moderate loss.

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