TSP Talk Blog

On a day when the Fed announces a multi-trillion dollar unwinding of their balance sheet, the Dow and S&P 500 close in positive territory. It wasn't much of a surprise but it shows how unshakeable this market has become. Bonds on the other hand did lose ground on the day, but the bond fund is hitting some longer-term support now. The I-fund was up but should have been hit as well since the dollar rallied on the unwinding. Now, will the day after be as kind to the stock market after a night ...

Stocks were up slightly again yesterday with the large caps of the Dow leading the way as we saw a 39-point gain. Small caps were down slightly, as were the Transports, while the I-fund led with the dollar sliding yet again. The Fed is on deck today so there is a level of uncertainty heading into Wednesday.

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