Ryan ALM
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ARPA Update as of April 21, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with an update on the PBGC's yeoman effort to implement the ARPA legislation. The process has been underway since July 2021, when the PBGC issued its...
ARPA Update as of April 14, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to be able to provide you with this ARPA update through April 14, 2023. I am able to provide these summaries of the week's activity for you thanks to...
The Gap Is Narrowing
By: Russ Kamp, Managing Director, Ryan ALM, Inc. US Treasury Yields mostly peaked during the fourth quarter of 2022. However, they did stage a brief rally in February, but in no case did they reach the peak yield established during...
Ryan ALM, Inc. 1Q'23 Newsletter
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you the Ryan ALM, Inc. 1Q'23 Newsletter. We hope that you find our insights useful. As you will see, first quarter asset performance was certainly a...
Not Much of a Brain Teaser
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...
Another CPI Posting and Another Strange Reaction
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...
The Ryan ALM Pension Monitor for Q1'23
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...
ARPA Update as of April 7, 2023
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...
Plummeting Rates - an Inflation Fight Challenger?
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...
ARPA Update as of March 31, 2023
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...