Month: August 2025

Beware of tomorrow

What happens tomorrow? Federal Reserve Chair Jerome Powell will give a speech Friday, August 22, 2025, at 10 a.m. Eastern Time. I think this entire week has been about what will be said tomorrow. No one has a clue what is going to be said, but the consensus of the majority (80%) is that they…

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TSP charts as of 8/3/25

We’ve finally hit the turbulence I expected us to still be navigating since April. Frankly, I’m stunned the markets managed to rally after that April pullback, especially given that the underlying narrative hasn’t budged. Revised employment figures, ongoing tariff uncertainty, and a Federal Reserve still undecided on interest rate policy have traders walking a tightrope.…

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