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Market Updates

Insights on Market and Economic Events

February 7, 2024

Pension Surplus Risk Index (PSRX®)

The Pension Surplus Risk Index (PSRX®) remained flat at 6.2% in January as interest rate volatility increased and return-seeking asset volatility decreased.

February 1, 2024

Economic and Market Overview — January 2024

Equity and fixed income markets lacked direction as investors assessed the timing of rate cuts amidst strong U.S. economic data and mixed corporate earnings.

January 11, 2024

Pivot

Review the discussion (~45 min) between David Eichhorn and Stephen Douglass exploring the economic and financial market consequences of the Fed’s pivot from rate hikes in 2023 to rate cuts in 2024.

January 8, 2024

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.