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TSP Talk Blog

This and that about the market, the TSP, maybe some politics, and life.

  1. TSP Talk: What did the Fed do?

    Stocks opened lower on Thursday, and with the Fed on the afternoon agenda, there wasn't a whole lot of movement until the FOMC meeting completed and the policy statement was released. That's when the bulls stepped up. By the close the Dow had gained 189-points, and the Nasdaq, which had been lagging badly with a loss over 1% in early traded, ended the day with a moderate gain of 0.40%. Bonds and the dollar were down, and that helped the I-fund to a healthy gain yesterday.

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