Quick Recap of the Week
Stocks moved up again last week. The main driver was the Federal Reserve. They didn’t raise interest rates at their meeting on Wednesday. The Fed anticipates two more rate hikes this year–not four as they previously said. This “dovish” language pushed stocks higher towards the end of the week.
Economic Data
Housing starts and the empire state manufacturing survey were better-than-expected. However, building permits and consumer sentiment came in below expectations.
TSP Funds
The C Fund had the largest gain of 1.37%, followed closely by the S Fund’s 1.32% gain. The I Fund advanced by 1.01%. The F Fund moved up 0.78% as bonds also rallied after the Fed meeting.
Strategy Allocations
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| 50% G & 50% C | 100% C* | 100% G | 75% G & 25% C |
BTD = Buy the Dip
LR = Low Risk
*New Trades: IFT for 50 Day to 100% C Fund before noon EST on Monday, 3/21
See description of strategies here
TSP Fund Performance (3/18/2016 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0.43% | 2.52% | 0.82% | -1.95% | -2.03% |
Strategy Performance (3/18/2016 YTD)
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| -5.50% | 1.49 | 0.43% | -1.68% |
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)
Get The Full Picture
Weekly Wrap Up
From Briefing.com
