TommyIV's TSP Talk Blog

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The bear market prevails. There was little hope this week's FOMC meeting would bring in buyers, but the level of selling caught most off guard. The trading range was was relatively tight from Monday's open up to the FOMC policy statement later in the Wednesday. The Fed announced the expected 0.75% increase in rates but what was a surprise was their intentions to keep raising rates faster and further than previously projected.

This was enough spark a multi-day sell-off ...