TSP Talk Blog

It was the Janet Yellen show on Wall Street yesterday as stocks opened moderately lower, but as soon as Ms. Yellen stepped behind the microphone, stocks blasted off and never looked back. The gains were not huge, less than 1% (although small caps and the I-fund had big days), but the reversal was impressive. The Dow gained 98-points while the S&P 500 added 0.88%. Bonds were also up as the AGG broke out to new highs.

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