Quick Recap of the Week
The stock market started the week with a small loss on Monday. After that, it went into rally mode. The biggest news event was the Federal Reserve’s policy statement. As expected, the Fed announced the end of their current round of quantitative easing (QE). However, the Fed also said it would maintain its 0% funds rate for a “considerable time.”
While stocks dropped slightly that day, they bounced back strongly on Thursday. On Friday, the Bank of Japan said they were boosting their own asset-purchasing program. This led to an overseas rally that extended to U.S. markets.
The S Fund had the largest gain of 3.40%. It was followed by the I Fund (3.11%) and C Fund (2.74%). The F Fund fell by 0.21%.
- YTD Return as of 10/31/14: -0.19%
- Current allocation: 100% C Fund as of 11/3/14
- New Trades: IFT from 100% G Fund to 100% C Fund before noon EST on 11/3/14
TSP Fund Performance (10/31/2014 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 1.95% | 5.73% | 11.06% | 5.34% | -1.69% |
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
