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TSP Talk Blog

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

  1. TSP Talk: GDP suggests recession, earnings reports look good

    Stocks were down early after the second consecutive quarter of negative GDP reading basically suggesting a recession is here, but the dip buyers didn't care as they seem to be back in the picture, and it was smooth sailing during the afternoon trading and into the close. The Dow gained 332-points and we saw 1% plus gains almost across the index board. Bonds were up (yields down), oil was down, and the dollar was mostly flat.

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