Quick Recap of the Week
The stock market edged up in a holiday-shortened week. There wasn’t much news or economic data until Friday, when monthly employment data was released. The unemployment rate remained the same. However, the number of new jobs was considerably less than expected.
Since the stock exchanges were closed for Good Friday, this didn’t affect the stock market or TSP share prices. However, stock futures fell around 1%.
This was a bit surprising, since stocks have rallied on bad news recently. The rationale is that the Fed will delay interest rate hikes if the economy is sluggish. Traders now have the weekend to mull over the employment data. On Monday, we’ll see if their reaction has changed.
As for the TSP, the S Fund led the pack with a 1.02% gain. The C Fund moved up 0.32%, followed by the F Fund’s 0.26% increase. The I Fund barely made progress with a 0.06% gain.
- YTD Return as of 4/3/15: -1.62%
- Current allocation: 100% S Fund as of 3/2/15
- New Trades: None.
TSP Fund Performance (4/3/2015 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0.47% | 1.82% | 0.94% | 5.56% | 6.93% |
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
