TommyIV's TSP Talk Blog

Stocks soared Wednesday as investors celebrated the results of the mid-term election; this became the lone catalyst for buying resulting in a loss of some of those gains. The new division in power in Congress increased confidence in buyers because it reduces the potential for policy change which means less uncertainty for investors. The trouble came when the FOMC meeting Thursday reminded investors of the rate hikes to come next month. October's ugly action in stocks could be partially credited ...