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Economic and Market Updates

Insights on economic and market events.

February 9, 2026

The Warsh-ington Consensus

After much public deliberation, President Trump announced Kevin Warsh as his nominee to succeed Jerome Powell and become the 17th Chairman of the Federal Reserve Board of Governors. Relative to the wide range of candidates Trump has considered for economic policy positions in the past, Warsh is a conventional choice that reduces the tail risks associated with monetary policy these…

February 9, 2026

Pension Surplus Risk Index (PSRX®)

The Pension Surplus Risk Index (PSRX®) rose to 5.7%, as equity volatility increased.

February 4, 2026

1 Minute Read

Derivatives Market Overview—January 2026

Derivatives Market Overview

February 2, 2026

Economic and Market Overview—January 2026

Equities gained, oil surged and credit spreads tightened, while Treasuries sold off over a month filled with geopolitical intrigue. The FOMC held the policy rate unchanged for the first time since July and President Trump nominated Kevin Warsh to head the central bank.

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.