By: Russ Kamp, Managing Director, Ryan ALM, Inc. With great anticipation market participants once again were focused on the release of the US inflation number for January. The CPI posted a 0.5% increase in January, slightly above the consensus of...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The anticipation of the "big game" impacts us all in a variety of ways. It appears to have distracted the PBGC, too, as little was accomplished last week as it relates to...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Could it be that the investing community is finally waking up to the fact that the US Federal Reserve is serious about combating inflation by raising the Fed Funds Rate well above...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It is understandable why the investment community still believes that the Fed will cut rates at some point during 2023. As I've mentioned many times that unless you are my age and...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. At yesterday's press conference following the release of the latest Fed Fund Rate (FFR) increase, Federal Reserve Chairman Powell was asked if he believed that financial conditions have eased, which would make...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Yesterday was a strong day for the Nasdaq 100 index capping off an incredible January 2023. In fact, the WSJ is heralding this performance (+11.5% for the initial month of 2023) as...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update on the PBGC's progress in implementing the ARPA legislation. Last week witnessed seven multiemployer plans receiving approval for their SFA applications. In...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It seems to us that the investment community is all in on the idea that inflation has been tamed and that a 2% CPI or PCE is right around the corner. But...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I believe that Pension America would be well served by adopting the SWAN strategy. These majestic birds embody a serenity that anyone would appreciate that has to deal with the uncertainty of...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. 2022 proved to be a very good year for active large-cap (LC) US equity managers relative to the S&P 500 even if few managers made money on an absolute basis. For the...