March 24 PM update
The indexes continue to post losses, with the EAFE Index (I-fund) starting to deteriorate also.
My personal TSP is 100% G-fund, both balance and future contributions, until further notice.
Also, some market trivia. Here is a list of the prior "Bear Markets" in history, and the political party in office.
Oct 1929 Crash - most famous crash in history. President: Hoover/Republican
Jan 1973 Crash - also hurt by with Arab oil emargo later that year. President: Nixon/Republican
August 1987 Crash - also very famous. Time of huge defense spending, Star Wars missle program, large deficit, and cocaine smuggling. President: Reagan/Republican
March 2000 Crash - end of "the internet bubble" President: Bush/Republican
admittedly, in March 2003, under Bush, the market began a new uptrend, however, all crashes in history have occurred under Republican presidents.
also note that Wall Street is in NY, a major democratic state
Not trying to adovacate a party, however it is interesting to see how the market has performed in the past.
Stock markets are CLOSED on March 25, for Good Friday.
Have a good weekend
