TSP Talk Blog

The bulls finally showed up putting together a strong rally on the second to last trading day of the year. The Dow gained 345-points and we saw gains of 1.5 to 2.5% in the various indices. Bond yields and the dollar were down making it easier for stocks, and a slightly weaker than expected initial jobless claims number helped investors lean on the side of the rate hikes may finally be making an impact of the labor market, which is what the Fed is looking for.

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