Good evening, TSPwire Tactical Investor!

Investors shrugged off soaring oil prices and crumbling consumer confidence to push stocks higher Friday with a hope the credit crisis might be waning. The consumer survey also found that inflation expectations are rising. Underlining that worry, crude oil surged.

Some Wall Street analysts believe that the worst may be over. Oil hit another record high but has pulled back. The dollar has finally started to show some signs of life. And for the most part, corporate earnings were pretty good. There have been no more major bombshells from financial institutions, a sign that six rate cuts since last September and massive injections of liquidity into the banking system may be working.

Overall we still feel very good about our current allocation: 50% in I Fund and 50% in C Fund.