TSP Talk Weekly Wrap Ups

At the start of the month, few could have foreseen the looming bank crisis that would have everyone question the stability of the economy. Naturally stocks sold off sharply in the first couple weeks as investors feared the worst, a national bank run that would collapse the banking system taking everyone's cash with it. Regulators, including the Federal Reserve, took extreme measures to prevent the worst, and in doing so they set up a 'goldilocks environment' that would spark a rapid recovery ...

Another volatile week leaves stocks with weekly gains but not without pain. The C and S-fund reached their highs on Tuesday; the S-fund led the way with a 3.12% gain in the first two days. Those first couple days of strength led into the FOMC rate decision Wednesday afternoon. The market was higher intraday when the Fed announce a 25bps rate hike, this was what was expected with the Fed trying to balance their battle against inflation and the liquidity concerns across the banking ...

The unknown, the overreactions, the pessimism followed by optimism followed by more pessimism; this all added up to a volatile week that would have certainly been an emotional experience for anyone holding stocks through the week. Coming into Monday it seemed like we were bound for mayhem. A second bank had failed over the weekend, being the third largest bank to fail in the U.S. after the second largest bank failed just days before. But swift action taken by a number of regulators that included ...

The S-fund lost nearly 6% in the final two days of the week, but it wasn't the February Jobs Report that ran off investors. Coming into the week we had two major events on our minds: 1) Jerome Powell would be testifying on Capitol Hill about the path the Federal Reserve was on to lower inflation, and 2) the February Jobs report that would be a follow-up of the January Report that surprised everyone, worried investors that the Fed would need to raise rates more aggressively, and started the ...

An early pop higher at Monday's quickly hit a peak before price action began to resume the falling trend that began in early February. By Thursday afternoon large cap stocks seemed destined for another week of losses, but a dovish comment by a non-voting Fed member Raphael Bostic was credited to have kick started a reverse in sentiment and rally that would continue through the close of Friday. Bostic shared his support for a 0.25% rate hike by the Fed in the upcoming FOMC meeting ...