By: Russ Kamp, Managing Director, Ryan ALM, Inc. Federal Reserve Chairman Powell has spoken and his comments have impacted equity markets today. His remarks should also finally dissuade investors of the idea that the Fed has accomplished its intended objective...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Let's give a big thanks to the WSJ for today's interview with Federal Reserve Bank of Atlanta President Raphael Bostic. It was a great conversation covering a number of important issues related...

by: Russ Kamp, Managing Director, Ryan ALM, Inc. As we reported this morning, activity last week was limited to two plans that filed supplemented applications presumably in reaction to the PBGC's Final Final Rules (FFR). Those two plans, the Graphic...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Few people in our industry are working as hard as Ron Surz, President, of Target Date Solutions, to raise concerns about one of the industry's most frequently used default options - target...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Welcome to another weekly update regarding the ARPA pension legislation. The PBGC has not updated its spreadsheet since August 12th, although it appears that two additional plans have filed a supplemental application...

By: Ron Ryan, CEO, Ryan ALM, Inc. and Russ Kamp, Managing Director, Ryan ALM, Inc. America’s investment community has enjoyed a history of real interest rates or an inflation premium on the 10-year Treasury nominal rates. As the chart below...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Given our current economic environment, are investors acting prematurely that the US Federal Reserve has actually accomplished its objective of thwarting inflation? We believe so. As the graph below depicts, market participants...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. There seems to be major confusion with regard to the investment of the APRA legislation's Special Financial Assistance (SFA). When the PBGC released the Interim Final Rules in July 2021, potential investments...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Ryan ALM's Head Trader, Steve Devito, shared some extraordinary figures with the team last week. Thanks, Steve! We've been saying all along that the US Federal Reserve needs to tighten interest rates...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The flood gates have been opened! From May 3rd to August 5th there had been 10 applications filed for Special Financial Assistance (SFA). During the week ending 8/12, 12 applications were submitted....