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Economic and Market Updates

Insights on economic and market events.

April 9, 2026

3 Minute Read

China Decoupling Watch: Party Like It’s 1999

Last year’s historic increase in tariffs, and the shock of uncertainty surrounding their implementation, have roiled America’s foreign trade flows. The monthly trade balance swung from an all-time low to a 14-year high within eight months in 2025 (highlighted in red in the chart below). The initial impact was a surge in imports between the 2024 election and March 2025,…

April 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.

April 8, 2026

Pension Surplus Risk Index (PSRX®)

The Pension Surplus Risk Index (PSRX®) rose to 6.5%, as equity and rate volatility increased.

April 6, 2026

1 Minute Read

Derivatives Market Overview—March 2026

Derivatives Market Overview

April 1, 2026

Economic and Market Overview—March 2026

With headlines dominated by the Middle East conflict, equities and Treasuries declined, credit spreads widened, and oil soared.

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.