Perspectives

TSP & Vanguard Smart Investor Posts

Best TSP Allocation and Strategy in 2020

This is not rocket science. It just takes time to do the research which is not something most investors have. This 15 minute guide will save you a lot of time and hopefully increase your future returns starting today by changing some assumptions about the TSP funds you can invest in.

TSP Charts in Review

My assessment remains that we are witnessing a colossal tug-o-war between free market price discovery and central bank interventions. The central banks are winning but each round requires much greater effort – meaning purchases of financial assets with money created out of thin air.

Doug Noland: 2019 in Review

To summarize the 2019 policy backdrop in one word: capitulation. It was to be a year of monetary policy normalization. The new Fed chairman was to finally return policy rates to a more reasonable level. In 2019, the odds central bankers would ever actually tighten monetary conditions became exceedingly low.

Doug Noland: Crazy Extremis

… was the Great Depression chiefly the consequence of post-crash policy mistakes, as conventional thinking has come to profess? Or did the previous “Roaring Twenties” Bubble sow the seeds of a major down-cycle and collapse?

Doug Noland: Music to the Market

From a conventional “financial stability” standpoint, this Credit cycle may appear virtually pristine. Yet Credit Bubbles survive only with unrelenting debt growth. Today’s mirage of “financial stability” depends on ongoing massive federal deficits coupled with aggressive monetary stimulus.

TSP Investing: Where there’s smoke…

A financial smoke detector went off in the last month (I’m sure your financial adviser told you about it, right). The financial media provided many excuses like “who knew corporations would have to pay taxes like they do every year at this time surprising the bankers” (never mind they have the lowest tax rates ever).