Facts: Unemployment reads 13.3%. The Fed Funds interest rate remains between 0% – 0.25% Q1 GDP read -5% according to the 2nd estimate. PMI contracted to a jaw dropping 43.1% The S&P 500 (C Fund) increased 4.76% during the month of May. Assessment: The above facts are improved compared to last month’s report. But, such
Facts: Unemployment reads 14.7%, with the most recent number of unemployment claims reaching 39 million The Fed Funds interest rate has been lowered to between 0% – 0.25% • Q1 GDP read -4.8% according to the first estimate. PMI contracted to a jaw dropping 41.5% The S&P 500 (C Fund) increased 12.8% during the month
Facts before the Coronavirus meltdown: Unemployment came in at 3.5%. 4th Quarter GDP was 2.1%, according to the 2nd estimate. PMI expanded, with the index reading to 50.1%. The S&P 500 (C Fund) decreased -8.24% during the month of February. Projections after the Coronavirus meltdown: Unemployment range 9% – 30% !!!!! To put in perspective,
Facts: Unemployment came in at 3.6%. 4th Quarter GDP was 2.1%, according to the 1st estimate. PMI expanded, with the index reading to 50.9%. The S&P 500 (C Fund) decreased .04% during the month of January. Assessment: PMI has returned to expansion territory – that’s a good sign. 2.1% quarterly GDP is just okay – nothing
Facts: Unemployment remained at 3.5%. 3rd Quarter GDP was 2.1%, according to the 3rd estimate. PMI was contracted again, with the index reading to 47.2%. The S&P 500 (C Fund) increased 3.01% during the month of December. Assessment: PMI has contracted for the 4th consecutive month. Not wonderful news. 2.1% quarterly GDP is just okay
Stephen Zelcer’s TSP Planning Report for the month of December. Find out how the different portfolios are looking. Sign up for a free month to see what you are missing.
Facts: PMI contracted again, with the index reading to 47.8%. 2nd Quarter GDP was 2%, according to the updated 3rd estimate. Unemployment remained at 3.5%. The S&P 500 (C Fund) increased 1.87% during the month of September. Assessment: PMI has contracted for the 2nd consecutive month. This is on the heels of a 31 month expansion hot
Another economic indicator surprisingly underperformed this month. But, I’m no where near panic mode – and neither should you. The economy is slowing but not enough to warrant the media doomsday preaching. I’ve published my recommended portfolio’s for this month.
Hi, The new TSP Modernization Rules are about to be rolled out. September 15 is when they go into full effect. TSP put out a video that is about an hour and twenty minutes long. So I figured I could save you some time by condensing it into a few minutes….. Enjoy Stephen https://youtu.be/LcTUfdg67UQ
TSP Report August 2019 Facts: • Unemployment remained at 3.7%. • 2nd Quarter GDP was 2.1%, according to the first estimate. • PMI posted another month of expansion, with the index reading to 51.2%. • The S&P 500 (C Fund) gained 1.44% during the month of July. Assessment: • Unemployment is at historically low levels,
