Good evening, TSPwire Tactical Investor!

The stock market tried but failed to shake off its worries Friday, tying a grim ribbon on a mostly downbeat week. For each bit of good news Friday, there was bad news to offset it. Standard & Poor 500 index (C Fund) fell 1.1% on the week and is down 10% this year.

A Commerce Department report on personal income and spending was not entirely abysmal raising hopes the economy might yet avoid a deep recession. Oil futures fell 1.8% to $105.62 a barrel. Gold prices fell 2% to $930.60 (Note: that may indicate that investors started to move their funds away from conservative investments back into stock markets.)

So far our overlook of the market did not change. We will keep our allocation at the same level: 50% C Fund and 50% in I Fund.