TommyIV's TSP Talk Blog

The bulls have lost their grip on the new and improved 2023 market. All the TSP funds are still in positive territory for the year, but the narrative that drove those prices higher in January has nearly dissolved and the indices' charts do not look attractive to new buyers. The C and I-fund had their worst week so far in 2023 and the S-fund had the worst loss among them. Of course, without surprise, we can attribute the market action to inflation and the Federal Reserve's plan of ...

Investors faced a parade of economic data this week. The price action displays how investors were struggling to process the information as it came. Prices changed sporadically in a trading range for most of the week until the bears finally got an upper hand in large caps as the week closed out. Stock prices were up quickly to start the week ahead of the very popular Consumer Price Index which has become a monthly report card for the Fed who has been consistently raising borrowing costs. ...

For the first time in 2023, all of the TSP funds outside the G-fund were down for the week; and they were all down by more than 1%. Now we wonder if this was healthy consolidation in the new and improved stock market, or a real lasting change in sentiment. There was no doubt a character change took place in the market this week. The market was still processing the previous week's excitement of a smaller rate hike followed by an unexpectedly colossal jobs report. Jerome Powell did ...

There is an apparent imbalance in the market. We had a busy week, but the day-to-day action did not seem to line up with the current events. Company earnings reports have been subpar, yet their shares are up, Jerome Powell was not a dove, but the market rallied during his press conference, and a January Jobs Report should have wiped out recession fears, yet the market sold off. TSP stock funds all performed differently through this confusing week. Leading the group was the S-fund ...