Recap of the Week
Stocks continued trading in a tight range last week. The range expanded on Friday, however, as Janet Yellen and other Federal Reserve members spoke. Because of their comments, the odds of an interest rate hike went up in the futures markets. This caused stocks and bonds to end the week with modest losses.
Economic Data
Durable goods, new home sales and jobless claims were better-than-expected. However, consumer sentiment, PMI manufacturing and existing home sales came in below their forecasts.
TSP Funds
The C Fund had the biggest loss of 0.66% while the I Fund fell by 0.62%. The F Fund fell by 0.15% and the S Fund had a 0.09% loss.
Strategy Allocations
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| 50% G & 50% C | 100% C | 100% C | 75% G & 25% S |
BTD = Buy the Dip
LR = Low Risk
New Trades: Interfund transfer and new contribution allocation for Standard to 50% G Fund and 50% C Fund and for LR to 75% G Fund and 25% C Fund before noon EST on Wednesday, 8/31/16.
See description of strategies here
TSP Fund Performance (8/26/16 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 1.17% | 5.71% | 7.71% | 8.80% | 1.72% |
Strategy Performance (8/26/16 YTD)
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| -1.64% | 8.50% | 5.79% | 0.71% |
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
From Briefing.com