June 2018

Allocation Percentages for June 2018
F Fund

0%

C Fund

0%

S Fund

100%

I Fund

0%

We had an amazing month with the S Fund. With an almost 7% difference between the S Fund and I Fund performance, those who did not understand the risks of the tariffs on the market paid the price. Today we saw President Trump make good on his promise to put America first; over the old alliances of even the EU, Canada, and Mexico with tariffs on steel and aluminum. There will undoubtedly be counter tariffs from these countries, but I think their leverage is not as great as many economists think. Our current account balance is so large that they will have to apply tariffs to the vast majority of our export, hurting their own population more than the US. Along with the side effects of the tariffs on overseas economies, the political disruption in Italy on the EU will also continue to cause ripples in the overseas markets, affecting three of the five main I Fund countries of France, Germany and Switzerland. I am still long on the S Fund for June for the reasons I am not long for the I Fund above. Additionally, the C Fund has too much exposure to the international markets, and as such could experience some of the blow backs of the tariffs and political turmoil. Finally, we might still get our summit with North Korea. I think it is truly unknown what the US and the DPRK might agree to and hence any benefit to the Japanese economy, and the I Fund, is unknown. 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
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