By: Russ Kamp, Managing Director, Ryan ALM, Inc. Given this opportunity, what would you do? You can continue to strive to achieve a 7% annual return through a traditional asset allocation strategy that is accompanied by significant annual volatility of...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Well, Wednesday, April 12th marked another release of a CPI data point. As predicted, headline inflation as measured by the CPI showed a reduction in the annual rate that was slightly better...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the Ryan ALM, Inc Pension Monitor for the first quarter of 2023. As you will note, Q1'23 witnessed positive market performance for nearly all asset...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It is about to get wild! The PBGC's e-filing portal is now open and four non-priority plans have submitted applications. The PBGC has stated that they will allow enough applications to be...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Federal Reserve Bank of St. Louis President James Bullard spoke today at the Arkansas Bankers Association. Before I knew that this was happening, I produced the following graph: I've been wondering how...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The portal for PBGC application review is open. According to the PBGC's website, "the e-Filing portal is open only to plans at the top of the waiting list that have been notified...

By: Russ Kamp, Managing Director, Ryan ALM, In c. The recent banking crisis was driven in large part by the rapid rise in US interest rates that created losses for SVB's investment portfolio (Treasury holdings) and other banks and drove...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with our weekly update on the PBGC's activity as it relates to the processing of applications for Special Financial Assistance (SFA) under the ARPA legislation. As...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The flight to quality that occurred as the banking system teetered drove US Treasury yields down dramatically. However, in the process, did it create a situation in which Treasuries were overbought? Given...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The recent banking "crisis" has once again highlighted the willingness on the part of fixed-income "investors" to buy and hold bonds that are losing value to inflation every day. It makes little...