July 2018

Allocation Percentages for July 2018
F Fund

0%

C Fund

0%

S Fund

100%

I Fund

0%

Welcome to July! The year is now half over and it looks like it is a pretty average year. We are seeing strong growth in the US economy, but we are also seeing higher fuel prices as well. Additionally, the tariff war hasn't really heated up as much as people thought it would. I think our economy has given us some breathing room to do several things in the next year. First, the Fed will probably continue to raise interest rates in order to provide our economy with a cushion for the next recession. I think several hikes are being priced into the market. Second, as our economy is strong, our position on tariffs is quite strong. President Trump can afford to have retaliatory tariffs placed on US goods as he has several GDP points to play with. It is the art of negotiation and he will ultimately settle once he thinks he has achieved all he can achieve, but not at the expense of a large portion of the GDP. In my opinion, keeping the GDP over 2% is probably what he will aim for, and any tariff actions that threaten that number is where we will find the common ground. Ultimately, the result will be a lessoning of tariffs and a return to higher growth and a shift in some of the overall economics of our country. The takeaway from these two scenarios is a slump in returns overall and greater uncertainty in both the C and I fund as larger companies hold more debt and tariff war will impact companies in both categories, with a lessor impact on S fund companies. Keep investing!
           
  

TSP FUND QUOTES

Date L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 G Fund F Fund C Fund S Fund I Fund
2024-11-22 26.8071 13.8108 51.0235 15.4040 58.6345 16.1249 35.5088 17.9670 17.9648 17.9624 10.6429 18.6680 19.5294 94.1871 96.2559 42.6555
2024-11-21 26.7630 13.7847 50.8402 15.3435 58.3842 16.0512 35.3363 17.8624 17.8602 17.8579 10.5814 18.6658 19.5205 93.8581 94.6413 42.4370
Daily Change 0.16%0.19%0.36%0.39%0.43%0.46%0.49%0.59%0.59%0.59%0.58%0.01%0.05%0.35%1.71%0.51%
Month to Date 1.08%1.22%2.18%2.37%2.56%2.72%2.89%3.49%3.49%3.49%3.46%0.26%-0.33%4.74%11.13%-1.08%
Year to Date 7.64%8.67%12.8%13.65%14.52%15.26%16.02%18.82%18.82%18.82%0%3.92%1.6%26.66%24.85%6.16%
Details L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 G Fund F Fund C Fund S Fund I Fund
TSP Coach