TommyIV's TSP Talk Blog

A week of corporate earnings and an FOMC meeting brought volatility to stock indices including mid-day reversals and last-minute rallies. Stocks were down to start the week with anticipation of the FOMC meeting policy statements. The Federal Reserve signaled the first-rate hike since the beginning of the pandemic to come in March as they finish winding down their bond purchases. The Fed's change in priorities from keeping the economy growing in the face of the pandemic to now combating inflation ...

Stocks not only continued their 2022 sell-off this week, but they also accelerated it. All three TSP stock funds had their worst week so far. The S&P 500 (C-fund) had its worst week since March 2020. The S-fund continued to be the worst performer and lost 7.58% this week to completely erase 2021 gains plus more. The other option for TSP members was the G-fund and F-fund which gained 0.03% and 0.05% for the week respectively. Early rallies turned into selloffs late in the day this. Bulls have been ...

The weekly return for U.S. stocks weaved from losses, to gains, and back to losses through the progression of the week. Neither the bulls nor the bears could maintain control for very long. The S&P 500 started the week poorly but reversed mid-day to erase most of the early losses. The momentum carried into positive territory for the week while Jerome Powell spoke at the Senate confirmation hearing. Powell reiterated to the Senate the Fed's plans to combat inflation by using monetary tightening to ...

A fresh record in the S&P 500 Monday started off the new year but was followed by four days of losses. Some of those losses were small but some were significant like Wednesday's 1.93% loss. All the TSP funds outside the G-fund produced a loss for the week with the S-fund falling 4.23% to start the year. The Fed minutes came out Wednesday and investors got to see the urgency to tighten monetary policy in the FOMC meeting. Investors have been aware of the winding down of bond purchases and the plans ...