By: Ryan ALM, Inc ASOP 4 requires pricing liabilities (as an adjunct to funding requirements) at yields for Low Default-Risk Obligations (LDROM) that are reasonably consistent with cash flow matching liability cash flows. Ryan ALM feels strongly that only two...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update on the implementation of the ARPA pension legislation. It took the New England Teamsters Pension Plan no time at all to file...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Federal Reserve claims to be data driven. If that is truly the case, we are likely in for a longer rising interest rate cycle. I'm not referring to either of today's...

By Russ Kamp, Managing Director, Ryan ALM, Inc. Asset allocation decisions shouldn't be taken lightly, and a long-term structured approach should prove superior over time compared to trying to "time" the market with dynamic shifts that can be costly and...

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...