I've just returned from the latest CORPaTH Crystal Globe Awards & Banquet. Kudos to Ron Auer, Jacques Loveall, and everyone else associated with this tremendous organization. For those of you who may not know about CORPaTH, their mission is to...

DB pension plan funded ratios have been hurt through the last 15+ years by declining interest rates inflating the present value of plan liabilities (FASB and not GASB accounting). With stronger economic growth exhibited earlier this year and a Federal...

Data: Factset; Chart: Lazaro Gamio/Axios I'm sharing this chart with you as a follow-up to our post last week. This picture tells a much better story then I can!...

MarketWatch is reporting on a Federal Reserve data release related to consumer credit growth, which climbed by 7.7% (seasonally adjusted annual rate) in October 2018. The growth in consumer credit was mostly fueled by credit-card usage which advanced at the...

The following press release was posted (11/29) on the website for the Joint Select Committee on Solvency of Multiemployer Pension Plans: Thursday, November 29, 2018 Pension Committee Co-Chairs: ‘We have made meaningful progress toward a bipartisan proposal and work will...

The Earth may be round, but the U.S. Treasury yield curve is certainly flat! The flattening trend has many industry participants fearing what this development might portend, especially if the yield curve inverts. Historically, an inverted yield curve has "predicted"...

According to a recent study by Nationwide, 49% of adults who have been retired for 10 or more years rely primarily on Social Security for their income, while 43% of recent retirees are in the same boat. It is great...

The U.S. economy would seem to be on a good footing based on an unemployment rate of 3.7%, which represents the lowest figure since December 1969. In addition, there were 7 million job openings as of September 30, 2018, and...

It is truly unbelievable that the Joint Select Committee failed to produce a viable piece of legislation to protect the pensions for millions of Americans in Multiemployer pension systems by their self-imposed deadline (November 30th). I know that they've announced...

Working American Families are struggling in this economic environment. The lack of wealth and income growth prevents these families from buying homes in good neighborhoods with superior educational systems, becoming mobile in pursuit of new opportunities, starting a business, saving...