Weekly Market Update – June 24, 2022
Quick Takes Stocks rebounded sharply last week as the S&P 500’s +6.5% gain erased the prior week’s -5.8% drop, thanks to a big +3.01% rally on Friday, the strongest daily gain since May 18, 2020. As a result, the S&P 500 exited bear market territory, and all...
Maximizing Your Retirement with the Thrift Savings Plan
The Thrift Savings Plan (TSP) is a retirement savings and investment plan exclusively available to federal employees and members of the uniformed services. It offers numerous advantages, including diverse investment options, low costs, and tax benefits. This makes it...
Weekly Market Update – June 17, 2022
Quick Takes The S&P 500 dropped -5.8% for the week, its worst week since 2020, and is now down for ten of the past eleven weeks, which has only happened once before in 1970. Meanwhile, in fixed income, Treasury bonds fell, and yields moved higher with the 10-year...
Weekly Market Update – June 10, 2022
Quick Takes The S&P 500 and Nasdaq Composite lost 5.1% and 5.6%, respectively, for their ninth losing week in 10 and the worst week since January, following a deep and broad-based selloff on Friday as investors reacted to the highest inflation in four decades and...