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Economic and Market Updates

Insights on economic and market events.

March 18, 2026

FOMC is Buying the AI Productivity Hype

The results of the March FOMC meeting were mostly as expected. The policy rate was left unchanged by an 11-1 vote with the lone dissent from Governor Miran. The median dots for 2026 and 2027 were unchanged. Powell fielded many questions about the energy price shock but expressed the appropriate lack of conviction about the future course of the war. Powell reiterated the pre-war reaction function where the…

March 6, 2026

Pension Surplus Risk Index (PSRX®)

The Pension Surplus Risk Index (PSRX®) rose to 5.9%, as equity and rate volatility increased.

March 4, 2026

1 Minute Read

Derivatives Market Overview—February 2026

Derivatives Market Overview

March 2, 2026

Economic and Market Overview—February 2026

Geopolitical tensions and fears of AI’s disruptive impact on corporate earnings and the broader economy weighed on equities and credit, sparking a flight-to-quality bid in Treasuries.

January 16, 2026

Getting Back On Track

Watch the webinar discussion between David Eichhorn and Stephen Douglass as they share NISA’s thoughts on Q4 economic and market highlights and look ahead.

January 8, 2026

Pension Risk Transfer (PRT)

NISA’s Pension Risk Transfer (PRT) Credit Risk Monitor is a market-based measure of the relative credit risk of common PRT annuity providers (“insurers”) designed to assist fiduciaries in identifying a “safest annuity available” PRT provider as required by the Department of Labor’s Interpretive Bulletin 95-1.