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
2025-04-29 27.0320 13.9021 50.6007 15.2304 57.7904 15.8483 34.7994 17.4179 17.4158 17.4136 10.3209 19.0288 20.1062 88.2075 81.8246 45.5389
2025-04-28 26.9910 13.8801 50.4439 15.1787 57.5778 15.7861 34.6549 17.3341 17.3320 17.3299 10.2712 19.0266 20.0564 87.6983 81.3156 45.4041
Daily Change 0.15%0.16%0.31%0.34%0.37%0.39%0.42%0.48%0.48%0.48%0.48%0.01%0.25%0.58%0.63%0.3%
Month to Date 0.63%0.64%0.84%0.87%0.88%0.89%0.9%0.89%0.89%0.89%0.89%0.34%0.44%-0.83%-0.33%3.87%
Year to Date 1.09%1.02%0.31%0.17%0.01%-0.13%-0.28%-0.94%-0.94%-0.94%-0.92%1.46%3.22%-5.08%-9.24%8.69%
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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