TSP Performance Positive in 2023, Declining in March
So far in March 2023, TSP performance is generally disappointing. So far in 2023, however, TSP performance is still positive for all TSP Funds.
So far in March 2023, TSP performance is generally disappointing. So far in 2023, however, TSP performance is still positive for all TSP Funds.
Dr. Anthony Fauci has retired but is still making the news. New proposed legislation would eliminate his former position at NIAID and restructure the agency.
Federal employees challenging the COVID mandate went to different courts to challenge the constitutionality of the mandate. The courts have reached different decisions in two different cases.
Effectively using your annual leave requires knowing what the rules are in the federal HR system. Advance planning is essential.
President Biden is taking credit for expanding federal employee unions and membership.
In the midst of financial turmoil, the February inflation rate has been released. Inflation is still a problem but the impact of the turmoil remains to be seen.
In August 2022, GAO accepted a request to investigate TSP website problems. An interim GAO statement cites problems and an estimated date for a final report.
An ESG bill introduced by a California Congressman would place the TSP (and its $760 billion of assets) in a political controversy on investing in ESG funds.
An analysis of recent data suggests the Biden administration’s focus on racial equity may be working to reduce federal pay raises for White employees.
TSP performance is down in February 2023 but still up for the year-to-date. One TSP management advisor sees a “growth recession” ahead.