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TSP Talk Blog

This and that about the market, the TSP, maybe some politics, and life.

  1. Jobs report confuses investors


    Stocks sold off at the open on Friday after a much better than expected jobs report. Estimates were looking for a gains of
    181,000 jobs, and the actual number was +271,000. The positive surprise initially sent stocks lower as it may have solidified a rate hike by the Fed in December. The unemployment rate dipped to 5.0%.

    After the initial decline, buyers stepped right up and grinded the indices higher into the close and the Dow, which was down
    ...
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