Ryan ALM
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The Middle is Being Squeezed
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I suspect that most Americans wouldn't be surprised to read that the US Middle Class continues to be impacted most negatively by four decades high inflation. According to a WSJ article, "purchasing...
ARPA Update as of December 22, 2022
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Christmas came a few days early for a couple of multiemployer plans and their participants, as the PBGC approved the initial application for two MPRA Suspension plans, the International Association of Machinists...
A Little History Lesson - First Bond Index
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Kuhn Loeb & Co. (there's a name from the past) introduced the first bond indexes in the summer of 1973. It included: Kuhn Loeb Bond Index = 3,650 investment grade corporate bond...
Rising Interest Rates are Humbling for Bond Funds and Their Managers!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Last week, The Wealth Advisor published an article highlighting the onerous impact of rising US interest rates on the performance of large (>$1 billion) bond funds, which were screened using data compiled...
This is NO Time to be Greedy - revisited
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Producing posts/articles on the Ryan ALM, Inc. blog has been very rewarding for me. I've now produced more than 1,160 posts that date back 2019 when I joined Ryan ALM and prior...
SECURE ACT 2.0 - Should We Get Excited?
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...
Do These Data Releases Impact 2/1/23 Fed Actions?
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...
Ryan ALM: Believe it or Not
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...
ARPA Update as of December 16, 2022
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...
Still Not A Believer?
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...