March 2019

Allocation Percentages for March 2019
F Fund

0%

C Fund

0%

S Fund

100%

I Fund

0%

We have lots to cover this month. Ironic that it is the shortest month of the year. GDP numbers came out today. It is very interesting to read the news reports. CNBC, once a financial news powerhouse in its day, touted the fact that annual GDP numbers came in at 2.9%, just missing the 3.0% predicted by the President. They seemed almost jubilant that the economists forecast a decline in GDP for the next two years. Then take the news reports that year-over-year, GDP actually grew at 3.1%. Bottom line, you have to read, listen, and watch the news with a critical eye, and although we are not at a breakneck pace of +4% GDP, 2.9%-3.1% growth for a mature economy is very nice and leads me to believe we will continue to see a prosperous stock market. Next in the news this month is North Korea and China. You cannot consider one without the other. As the President walked away from the negotiating table, the specter of tariffs and China came back into the forefront. The tariff war, while having an impact on our economy, is still much more devastating to the Chinese economy. In the long-term, we should win this battle, and the long-term impact on the C and S Fund should be increased growth as those companies gain access to markets (the US included) that were previously off-limits due to the lower priced Chinese goods. As for the bluster in Congress, I do not think the market either cares or believes our economy is tied to anything the investigations will do. The Trump economy is in motion for the next two years regardless, and the stock market has shown a great resilience to these disruptions. I'm still bullish on the S and the C Fund, but I'm investing 100% in the S Fund this month. 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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