weatherweenie
Well-known member
Australia doesn't look so hot! Their in the RED right now.
Somebody is getting bad data. Yahoo is showing the All Ordinaries +0.95%
http://finance.yahoo.com/intlindices?e=asia
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Playing the I fund
- Thread starter clester
- Start date
Somebody is getting bad data. Yahoo is showing the All Ordinaries +0.95%
http://finance.yahoo.com/intlindices?e=asia
James48843
Well-known member
Heads up-
The new pasword changes on the TSP site took affect today. If you want to make an interfund transfer, you are going to have to change your password first, before it will allow you to log out, and log back in, and then make the interfund transfer.
Just an FYI-
The new pasword changes on the TSP site took affect today. If you want to make an interfund transfer, you are going to have to change your password first, before it will allow you to log out, and log back in, and then make the interfund transfer.
Just an FYI-
ATCJeff
Well-known member
You do not have to log out before making any changes to your allocation or a IFT.
HAILSTORM
Member
wv-girl
Member
jayhawker
Member
Is the falling $ today going to effect today's closing price for the I fund?
The US$ had already dropped by noon time so I would think not.
do they always go by 12 noon cutoff?
Nope. That's where the FV comes into play. Should the US$ make a dramatic move up or down between noon and 4:00 EDT then an FV is possible. Not likely as of right now.
I wasn't ignoring you, I was watching TV.
wv-girl
Member
Is the falling $ today going to effect today's closing price for the I fund?
The US$ had already dropped by noon time so I would think not.
do they always go by 12 noon cutoff?
Nope. That's where the FV comes into play. Should the US$ make a dramatic move up or down between noon and 4:00 EDT then an FV is possible. Not likely as of right now.
I wasn't ignoring you, I was watching TV.
thanks jy. Anything worth watching on tv? Oh yea, sports, which teams and which sport?
James48843
Well-known member
Looks like "I" fund is up a dime on the open this morning.
Birchtree
Well-known member
From TWSJ - Is Europe's Run Over - by Herbert Rude 5/22/07
"As European stocks markets near their March 2000 records, some equity strategists are saying the rally might soon run out of steam. Several are recommending that global investors no longer favor Europe at the expense of the U.S. market. J.P. Morgan Chase & Co. is more skeptical, saying the euro-zone markets should be underweighted because of rising European interest rates and the strong euro.
If Europe were to begin lagging behind the U.S. market, reversing a trend that has lasted for several years, global investors would likely divert funds, which could accentuate the shift. Since bottoming out in March 2003, Europe has been a good place to invest. The pan-European Dow Jones Stoxx 600 Index, which tracks Europe's 600 largest companies and is measured in euros, has climbed 140%, while the DJIA has risen about 77%. Europe has been better for U.S investors, who have benefited from the weaker dollar.
The big drivers have been strong corporate earnings and, more recently, a boom in takeovers and speculation about possible deals. There are early signs of head winds. With expansion expectations in Germany and France improving substantially, the European Central Bank may raise interest rates more than economists have been forecasting, lifting the euro. That could dent corporate earnings. We would not be too hasty in shifting away long-term equity allocations back to the U.S.
European stocks have nearly closed the valuation gap with U.S. stock valuations and are approaching fair value. Europe's P/E ratio of 13.5 is the highest it has been since April 2006, before a big correction. Valuations suggest the Stoxx 600 could rise an additional 3% while the U.S. market could rise anbout 6%. European stocks aren't as cheap as they appera based on P/E ratios. The ratio of price to cash flow, now about 22, is nearly as high as at previous market peaks. That figure shows a company's ability to generate and accumulate cash and is considered by some to be less vulnerable to balance-sheet manipulation".
These stocks may lose favor as rates and euro climb. This area is getting very crowded and some money has begun to slowly shift including that which belongs to the Mrs.
"As European stocks markets near their March 2000 records, some equity strategists are saying the rally might soon run out of steam. Several are recommending that global investors no longer favor Europe at the expense of the U.S. market. J.P. Morgan Chase & Co. is more skeptical, saying the euro-zone markets should be underweighted because of rising European interest rates and the strong euro.
If Europe were to begin lagging behind the U.S. market, reversing a trend that has lasted for several years, global investors would likely divert funds, which could accentuate the shift. Since bottoming out in March 2003, Europe has been a good place to invest. The pan-European Dow Jones Stoxx 600 Index, which tracks Europe's 600 largest companies and is measured in euros, has climbed 140%, while the DJIA has risen about 77%. Europe has been better for U.S investors, who have benefited from the weaker dollar.
The big drivers have been strong corporate earnings and, more recently, a boom in takeovers and speculation about possible deals. There are early signs of head winds. With expansion expectations in Germany and France improving substantially, the European Central Bank may raise interest rates more than economists have been forecasting, lifting the euro. That could dent corporate earnings. We would not be too hasty in shifting away long-term equity allocations back to the U.S.
European stocks have nearly closed the valuation gap with U.S. stock valuations and are approaching fair value. Europe's P/E ratio of 13.5 is the highest it has been since April 2006, before a big correction. Valuations suggest the Stoxx 600 could rise an additional 3% while the U.S. market could rise anbout 6%. European stocks aren't as cheap as they appera based on P/E ratios. The ratio of price to cash flow, now about 22, is nearly as high as at previous market peaks. That figure shows a company's ability to generate and accumulate cash and is considered by some to be less vulnerable to balance-sheet manipulation".
These stocks may lose favor as rates and euro climb. This area is getting very crowded and some money has begun to slowly shift including that which belongs to the Mrs.
James48843
Well-known member
Looking pretty bleak this morning.
Pre-market open here, the "I" is now showing down 16 cents.
Pre-market open here, the "I" is now showing down 16 cents.
For those considering holding the I-fund tomorrow, consider this:
Bad cop takes center stage in yuan dispute
Congress likely to pass anti-China trade bill, experts say
By Greg Robb, MarketWatch
Last Update: 5:12 PM ET Jun 12, 2007
http://www.marketwatch.com/news/sto...x?guid={D7B49887-6E91-4AB1-8805-7010FE800BFA}
This article speaks of a congressional report due out this afternoon, which will threaten (possibly veto proof) moves against China. It contains the following sentence:
"Ashraf Laidi, chief foreign-exchange analyst with CMC Markets, said that the dollar could come under broad selling pressure on Wednesday afternoon when the details of the legislation are expected to be unveiled."
This would mean a +FV tonight, to be paid back tomorrow. Also, fears of possible Chinese response and resulting trade difficulties may affect U.S. markets directly. I am unsure of foreign market response.
Bad cop takes center stage in yuan dispute
Congress likely to pass anti-China trade bill, experts say
By Greg Robb, MarketWatch
Last Update: 5:12 PM ET Jun 12, 2007
http://www.marketwatch.com/news/sto...x?guid={D7B49887-6E91-4AB1-8805-7010FE800BFA}
This article speaks of a congressional report due out this afternoon, which will threaten (possibly veto proof) moves against China. It contains the following sentence:
"Ashraf Laidi, chief foreign-exchange analyst with CMC Markets, said that the dollar could come under broad selling pressure on Wednesday afternoon when the details of the legislation are expected to be unveiled."
This would mean a +FV tonight, to be paid back tomorrow. Also, fears of possible Chinese response and resulting trade difficulties may affect U.S. markets directly. I am unsure of foreign market response.
qibovin
Member
Does anyone know if an FV can or has been triggered by dollar changes alone?
Birchtree
Well-known member
From TWSJ with no particular author dated 6/20. British Rates Expected to Rise.
The Bank of England seems likely to raise rates sooner than expected. Minutes of the June meeting of the central bank's Monetary Policy Committee showed a vote to leave interest rates steady at 5.5% was a close 5-4 with the governor of the Bank of England, Mervyn King, in the minority and three colleagues wanted to raise rates immediately. The main issue dividing the two sides was when, rather than whether, rates should rise, strengthing their view that British interest rates will rise to 5.75% in July and could rise to 6% this year. The FTSE is a large component of the I fund.
The Bank of England seems likely to raise rates sooner than expected. Minutes of the June meeting of the central bank's Monetary Policy Committee showed a vote to leave interest rates steady at 5.5% was a close 5-4 with the governor of the Bank of England, Mervyn King, in the minority and three colleagues wanted to raise rates immediately. The main issue dividing the two sides was when, rather than whether, rates should rise, strengthing their view that British interest rates will rise to 5.75% in July and could rise to 6% this year. The FTSE is a large component of the I fund.
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