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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Ups on Thrift Savings Plan funds performances and other market insights.

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    TSP Talk Weekly Wrap Up

    by
    TommyIV
    , 03-18-2017 at 01:53 PM (TommyIV's TSP Talk Blog)
    Stocks kept within a tight range to start the week off as anticipation of the FOMC meeting kept traders at bay. The Fed did raise rate basis 25 points and forecast two more rate hikes this year. Traders, most likely initiated by trading programs, bought the Fed rate hike and we saw decent rallies in stocks and bonds. The bulls failed to build on Wednesday's rally and instead we saw some profit taking to pull stock back a bit and again stocks ended the week in a tight trading range.

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