TSP Talk Blog

After back-to-back strong months for the market, stocks pulled back to start December with some sharp losses. The Dow lost 268-points and the broader indices lost somewhere in the neighborhood of 1% on the day. Bonds and gold were also down so it wasn't an outright sell risk, buy safety play, but that could change if the downside continues into the week.

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Stocks sold off on Friday, a day many of us expected to get another post Thanksgiving seasonal boost from the market. The Dow lost 113-points, and the three major indices all shed about 0.4%. This negative day came on the heals of two bills signed into law in support of Hong Kong protesters despite China's objections last week.

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