By: Russ Kamp, Managing Director, Ryan ALM, Inc. S&P is out once again with its outstanding research on corporate defaults with the publication of the "2021 Annual Global Corporate Default And Rating Transition Study". Despite significant issues related to business...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We hope that you had a wonderful Easter or Passover celebration this past weekend. With regard to the PBGC's latest update (as of April 15th), no new plans filed an application. The...

We are pleased to share with you the Ryan ALM Q1'22 Pension Monitor . Despite the fact that pension assets had a challenging quarter, pension liabilities fell to a greater extent, as US interest rates rose rapidly in response to...

Bitcoin recently staged a strong recovery bringing the price back to nearly $47,000 after having tested the $32,000 level. Was this "recovery" driven by the currency's own fundamentals or was it the result of the Nasdaq 100, which also enjoyed...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The PBGC has provided its most recent update on the filing of SFA applications and approvals. Since August 2021, 36 multiemployer pension plans have filed for Special Financial Assistance (SFA) under ARPA....

We are pleased to share with you the Ryan ALM, Inc. Newsletter for the first quarter of 2022. Despite a very rough start to the year for the capital markets, the present value of pension liabilities (based on an average...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The first quarter 2022 performance returns are rolling in and as we've been reporting they aren't good. They aren't good for equities, VC, BONDS , and likely other segments of our capital...

I penned the original post on 3/17 . Why did it take this long for investors to realize that the Fed wasn't kidding? US interest rates, particularly on the backend of the curve, have moved massively over the last two...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We've written about the asset allocation rollercoaster to uncertainty (ruin) and discussed the massive shift away from bonds toward riskier, less liquid assets that has transpired during the last 4+ decades and...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. "The Lost Decade", a phrase originally used to describe Japan's economic performance during the 1990s, has been recently showing up in story after story in the financial press. In fact, Stifel's chief...