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 that gave the S&P 500 a 4.21% loss in just the last three days of the week. The S&P 500 was down 4.64% for the week. But that was nothing next to the 7.02% loss accumulated by the S-fund this week. The I-fund wasn't far behind with a 6.09% for the week.

The F-fund was down 1.56% for the week. The F-fund has extended its losing streak to six weeks.

The question now is whether there will be any relief in the coming week. The market seems oversold but its not obvious the short-term worst is over. The C and S-fund charts below are approaching the June lows which have a chance for support. However that did not happen for the I-fund chart.

I'll end the commentary here but will supply the charts below. I am visiting family this week.




Here are the weekly, monthly, and annual TSP fund returns for the week ending September 23:




The SPY (C-fund)




The DWCPF (S-fund)




EFA (I-fund)




BND (F-fund)





Good luck and thanks for reading. We will be back here next week with another TSP Wrap Up. You can read our daily market commentary at the Market Comments page. If you need more help deciding what to do with your account, perhaps one of our Premium Services can help.


Thomas A Crowley

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The legal stuff: This information is for educational purposes only! This is not advice or a recommendation. We do not give investment advice. Do not act on this data. Do not buy, sell or trade the funds mentioned herein based on this information. We may trade these funds differently than discussed above. We use additional methods and strategies to determine fund positions.