Good evening, TSPwire Tactical Investor!
We just survived another crazy week on the Wall Street. Stock indexes skyrocketed on Thursday after Feds introduced their plan to improve liquidity crisis. On Friday stocks opened higher, boosted by better-than-expected inflation data, before new developments in financial sector pushed all major US stock indexes down. Bear Sterns turned to JP Morgan Chase and the Federal Reserve for a 28-day loan of yet undetermine size, sparking concerns about the depth of the problems in the already roiled financial markets.
This week we decided to keep our current allocation: 50% in C Fund and 50% in I Fund.