On December 4, 2018, we wrote a post regarding degree inflation within Corporate America. We've witnessed greater educational demands placed on candidates requiring higher degrees than previously requested or for those currently in the position. The WSJ is once again...

You may not have been following KCS's blog in January of this past year when we produced the following blog post. We questioned the logic of focusing on the ROA as the plan's primary objective. We especially challenged the notion...

The following blog post was written on January 22, 2018. We were trying, once again, to encourage plan sponsors to take some of the risks out of their portfolios by adopting a great focus on plan liabilities. We were concerned...

For many of us in the retirement industry, 2018 will be a year to forget. What started off with such promise, as the S&P 500 was up about 6% by January 26th, has deteriorated into being one of the worst...

According to a WSJ article, today's Seniors have loaded up on debt compared to their parents in 1989. The debt burden represents about 80.5% of their annual income compared to just 16% four decades ago. This growth has been spawned...

As we close in on the Christmas season, I would like to take a few moments to wish you and your family (from my family) a wonderful Holiday season, a joyous Christmas, and an exceptional 2019 filled with abundant health...

I have from time to time mentioned Modern Monetary Theory (MMT), Bill Mitchell, and Warren Mosler in various KCS blog posts. I was first introduced to this subject by my former colleague from INVESCO, Charles DuBois, who headed our quantitative...

Since 2008, the universe of corporate debt rated BBB has skyrocketed from $650 billion to more than $2.5 trillion, representing nearly half of all investment-grade bonds. This >250% increase in the size of the universe has unfortunately coincided with an...

For much of the time that we've been producing our blog (since 2013), we have questioned the state of employment in the U.S. With more than 94 million age-eligible workers on the sidelines and a Labor Participation Rate of only...

Despite the recent 3-year fall in longevity for Americans, there are more 65+ year-olds than ever before, and it is expected that the population over 65 will be greater than those under 18 by 2035 (78.0 million versus 76.7 million),...