Lending, borrowing and investing in a negative rate world
Inventories tend to have a cycle of their own, growing and contracting several times over the course of an expansion.
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
Due to hedge portfolios and growth assets, funded status rose 1% this month from 87.5% to 88.5%.
Alternatives for uncorelated income
How public pension funds can enhanve returns while limiting investment costs
Due to growth assets and interest rates, funded status rose 1.4% this month from 88.5% to 89.9%.
Due to hedge portfolios and growth assets, funded status fell .4% this month from 88.5% to 88.1%.
Due to interest rates and growth assets, funded status fell 3.5% this month from 91% to 87.5%.
Due to growth assets and interest rates, funded status rose 1.5% this month from 85.4% to 86.9%.