Today the SP500 (TSP C fund) is below its August 2018 high and the TSP S fund is 10% below its August 2018 high – distribution, distribution, distribution. Market tops take time. Secular market tops aided by central banks take longer.
TSP Charts
TSP Funds: Wake Up Time
Don’t be fooled by short-term pops in price due to plunging interest rates. We it comes to fixed income funds, past performance can no longer be achieved again. We are simply accelerating to the point of no returns in the US bond market.
TSP Charts: Quicklook August 3rd 2019
There is nothing like another “raising tariffs” tweet during a global industrial recession and busted interest rate expectations all in the same week to push the market off the top of its price channel. Let us hope speculators don’t start… Read More ›
TSP Charts: “Unthinkable Harm” (Updated)
Inquiring minds are asking why the Fed is considering an interest rate cut when the SP500 is sitting at an all-time high, unemployment is near an historical low, wage growth is solid and of course we keep hearing we are in “the greatest economy ever”.
TSP Charts: If the markets could talk…
Small caps have not bought into this last rally. Nor have some other financial sectors. At least the trade war is progressing nicely…
TSP Funds: Time to Get Defensive
It is hard to get people to listen when the SP500 is near an all-time high and the US economy appears strong, so I wrote “Why I Am Defensive and You Should Be Too”. Take a look please.
TSP Charts: Crazy Time
So tell us Fed Chairman, with the financial markets on the verge of full melt-up based on the Fed’s money printing past and not the real economy, what are you going to do?
TSP charts: 7 June
If bad economic news sending the stock market soaring does NOT make sense to you, then you are trying to think rationally. It makes perfect sense when you consider how distorted our monetary and fiscal policies are.
TSP Charts: Special Report
We look into key market factors to determine whether we will see 1) another continuation of the bull market, 2) a sideways pattern or 3) the start of a bear market. It’s becoming clear.
TSP Funds & the Unstoppable Bull market
The one thing about market tops is the forecast for the future HAS to be good and there HAS to be expectations for it to “continue for years” otherwise the selling would have already started.