Quick Recap of the Week
Stocks fell last week. Most analysts placed the blame on falling oil prices. However, poor economic data from China and Japan added to the negativity early in the week. Most U.S. data came in better-than-expected, however. This included retail sales, unemployment claims and consumer sentiment.
The I Fund took the biggest hit among TSP funds, dropping 4.20%. The C Fund (3.47% losss) and S Fund (3.07% loss) followed. The F Fund gained 0.73% as traders moved to bonds for safety.
As for falling oil prices, this is actually a good thing for stocks in the long run. In the short-term, oil price “shocks” may scare investors. However, an academic study showed an inverse correlation between oil prices and stock prices.
- YTD Return as of 12/13/14: -0.61%
- Current allocation: 100% C Fund as of 11/3/14
- New Trades: None
TSP Fund Performance (12/13/2014 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 2.20% | 6.75% | 10.56% | 3.60% | -5.72% |
Charts
1. Daily S&P 500 (C Fund Proxy)
2. Daily EFA (I Fund Proxy)
3. Daily Wilshire 4500 (S Fund Proxy)
4. Daily AGG (F Fund Proxy)
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Weekly Wrap Up
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