By: Russ Kamp, Managing Director, Ryan ALM, Inc. SECURE ACT 2.0 continues where the SECURE Act ended following its 2019 passage. There is a lot to this legislation We will be touching on various aspects of this legislation to discuss...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Interesting data releases today. On the one hand, we have existing home sales data that came in light at 4.09 million (annual units) relative to forecasts of 4.17 million for the 10th...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Occasionally, we at Ryan ALM stumble over a fact or two that surprises us, and we like to bring it to the attention of our readers of this blog. Obviously, inflation and...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Happy Hannukah, Merry Christmas, and Happy Holidays! We wish you a wonderful holiday season. We are pleased to provide you with the latest activity related to ARPA's implementation. There were no new...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. There appears in today's WSJ an article by James Mackintosh titled, "The Markets Don't Believe the Fed". It is incomprehensible to me that this continues to be the mindset of the average...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. While the investing community holds their collective breath in anticipation of the latest US Federal Reserve Fed Fund's Rate announcement, those plan sponsors using cash flow matching (CFM) can sit back knowing...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We've mentioned "inflation" in 50 blog posts just since July 1, 2022. It is clearly on our minds and the minds of 99% of the investment community. What is our position? We...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The PBGC certainly didn't let the upcoming holiday season get in the way of some important business. As we mentioned in last week's update, there was a potential "tidal wave" of activity...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Maybe things have changed during the last 40 years (my hair color certainly has), but there seems to be a major disconnect between the market's (Fed's) reaction to the early 1980s inflationary...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Currently, the US 2-year Treasury Note is trading at an 85 bps premium yield to that of the 30-year US Treasury Bond. This inversion doesn't happen often and has on many occasions...