Quick Recap of the Week
The Federal Reserve released their most recent statement on Wednesday. Not surprisingly, trading was centered around the statement–both before and after it was released.
The Fed removed the word “patient” from their statement. Many thought this would cause a selloff. However, the Fed’s comments on gross domestic product and inflation suggested a rake hike may not be imminent. As a result, stocks had a strong rally.
As for the TSP Funds, the I Fund led the way with a 4.03% gain. The S Fund had a 2.92% advance, and the C Fund incresed by 2.67%. The F Fund gained 0.81% as bonds also rallied on the Fed’s interest rate stance.
- YTD Return as of 3/20/15: -0.70%
- Current allocation: 100% S Fund as of 3/2/15
- New Trades: None.
TSP Fund Performance (3/20/2015 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0.41% | 1.52% | 2.87% | 6.55% | 7.61% |
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
