June 2019

Allocation Percentages for June 2019
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

Markets hate uncertainty and instability, and we certainly have plenty of both right now. As I stated a couple of months ago, my numbers are showing a similar amount of uncertainty as they did during the election of 2016. Back then it was easy to pinpoint a cause to the uncertainty. There were two events impacting the markets, the US election and the recently decided Brexit. Two and a half years later we are still in election mode with all of the investigations, and then we have witnessed the collapse of the UK government over, Brexit. Added to these stressors are trade war with China, which has escalated quite a bit and a new front on the Southern border with new tariffs on Mexico. Additionally, the quants are pointing to various bond yields, housing prices, and various other harbingers of doom to make the case for a downturn in the economy. In one news story "First-quarter economic growth up 3.1%, slightly better than Wall Street expected" while another stated "Corporate profits fall again as GDP in first quarter trimmed". Both stories talk about a GDP of 3.1%! So where am I investing in June? We have already suffered a pretty significant downturn in the market this month. It has now priced in the escalated trade war no one thought would occur until the Chinese reneged on the negotiations. The US has plenty of GDP left to continue to pressure China, and I think the US will stay the course and still come out ahead. Second, our economy is still strong and to move funds out of the C Fund would be taking a loss, especially if a resolution is found soon. I think the market has priced in most of the volatility, I'm still 100% C Fund.
           
  

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