Quick Recap of the Week
The stock market fell last week. For the first time in several months, most economic data releases were better-than-expected. This was trumped by two factors, however.
The first was the Fed. Last week, Fed Chair Janet Yellen said she expects to raise interest rates sometime this year if the economy meets her forecasts. This week, her comments were echoed by San Francisco Fed Bank President John Williams.
The other factor was gross domestic product (GDP). Although it was slightly better than economists expected, it still came in at a negative number for the first quarter.
As for the TSP funds, the F was the best performer with a 0.63% gain. Following it were the S Fund (0.68% loss), C Fund (0.84% loss) and I Fund (1.83% loss).
- YTD Return as of 5/29/15: -3.16%
- Current allocation: 100% S Fund as of 5/29/15
- New Trades: None.
TSP Fund Performance (5/29/2015 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0.79% | 1.13% | 3.26% | 5.71% | 9.59% |
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 TradeTheNews.com
