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TSP stock funds fell in May 2022 but pulled back from bear-market territory after a late-month rally. The S&P 500 finished the month about 14% below its January high, and the national average gasoline price reached $4.671 per gallon on June 1.
Equity weakness and high fuel costs weigh on consumer and farm-sector sentiment, but the direct link to feed grain and protein prices is limited.
fedsmith.comRalph R. SmithJun 1, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
