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August 7, 2026
1.5 Minute Read
The July payrolls report printed below expectations and weakened the case for a rate hike at the September meeting. The U.S. economy lost 23,000 jobs in the month of July, the net result of a 30,000 increase in private payrolls and a 53,000 decline in government jobs. The decline in government payrolls was explained by local government education. This sector…
August 11, 2026
The Pension Surplus Risk Index (PSRX®) fell 0.1% to 6.5%.
August 3, 2026
The equity rally broadened and credit spreads widened in the face of heavy supply. Meanwhile, the yield curve flattened after a hawkish FOMC announcement and the price of oil tumbled on evolving optimism toward a resolution to the Middle East conflict.
July 17, 2026
David Eichhorn and Stephen Douglass discuss the communications changes that new Federal Reserve Chairman Warsh has implemented in his first month on the job. The June FOMC Statement – which was the shortest since 1994 – provided one conspicuous example of the central bank’s newly-taciturn style.
July 8, 2026
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.
