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November 25, 2025
Literacy rates may not drive asset allocation decisions this quarter, but we’re all invested in America’s public school system. The deficiencies of that system lead to a less productive workforce, slower growth, greater inequality and a narrower path to solving our fiscal problems. We’d even argue that these dynamics put downward pressure on the real neutral interest rate and, consequently,…
November 7, 2025
Driven by increased equity volatility, the Pension Surplus Risk Index (PSRX®) edged up to 5.6%.
November 5, 2025
1 Minute Read
Derivatives Market Overview
November 3, 2025
Federal Reserve officials increasingly signaled an imminent rate cut as employment data disappointed. Equity markets powered ahead, but credit spreads ultimately failed to follow suit and the yield curve steepened due in part to concerns over threats to the independence of the U.S. central bank.
October 10, 2025
Watch the webinar discussion between David Eichhorn and Stephen Douglass as they cut through the noise on the disconnect between solid growth and a stagnant labor market, the AI infrastructure boom, the inflationary impact of tariffs, and risk management cuts by a divided FOMC.
October 7, 2025
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.
