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
2025-03-28 26.8594 13.8120 50.1902 15.1042 57.3059 15.7146 34.5059 17.2790 17.2769 17.2747 10.2384 18.9577 19.9738 88.4507 82.3925 44.2564
2025-03-27 26.9686 13.8746 50.6826 15.2667 57.9789 15.9125 34.9707 17.5702 17.5680 17.5657 10.4107 18.9555 19.8635 90.2289 84.2106 44.7319
Daily Change -0.4%-0.45%-0.97%-1.06%-1.16%-1.24%-1.33%-1.66%-1.66%-1.66%-1.66%0.01%0.56%-1.97%-2.16%-1.06%
Month to Date -0.82%-0.94%-2.24%-2.49%-2.74%-2.95%-3.16%-3.86%-3.86%-3.86%-3.86%0.33%-0.18%-6.17%-7.59%0.96%
Year to Date 0.44%0.37%-0.51%-0.66%-0.83%-0.97%-1.12%-1.73%-1.73%-1.73%-1.72%1.09%2.54%-4.82%-8.61%5.63%
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
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