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TSP Talk Blog

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

  1. 20,000 mania


    The Dow gained 91-points on Tuesday, just 26 points from the 20,000 level that the media is literally giddy about. Yes, it is quite a milestone, but obviously it is meaningless. A 0.46% gain is a 0.46% gain whether the Dow is 20,000 or 2,000, and that is a decent day. The problem is it feels like it is being pushed there artificially because of how far it has come in the last several weeks. What will happen once it gets there is the question.

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