Market Updates

Review the discussion (~60 mins) between David Eichhorn and Stephen Douglass as they consider the economic implications of the Trump agenda for fiscal, regulatory, trade and immigration policy.

The Pension Surplus Risk Index (PSRX®) remained unchanged at 5.2%.

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.

Equities fell, Treasuries rallied and credit spreads widened due to increasing levels of policy uncertainty and signs of economic weakness.