TommyIV's TSP Talk Blog

Stocks finally fell under the pressure of their own weight after nearly a month of unrelenting upside. Stocks slid at a single day loss not seen since March on Thursday. The aggressive selling came after digesting the FOMC meeting and possibly news reports of a second wave of covid-19. The Federal Reserve did not outwardly make any hawkish moves, in fact they figured they would keep interest rates near zero for another two years. What spooked investors was the tone from Jerome Powell that economy ...