In this special holiday edition, Michael explains how an evening at home went awry: how a discussion about China and Hong Kong morphed into a chart war about Trump, Hoover, Taft, Rachel Maddow and Anderson Cooper.
Michael went on a search for Democratic Socialism in the real world, and ended up halfway around the globe from where he began.
Potential implications for pension plans
Dr. Kelly's commentary for June 2015.
Learn more about J.P. Morgan’s target date funds utilizing a combination of active and passive strategies.
Public Pension Newsletter for website
J.P. Morgan Cashflow Driven Investment Strategy
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%.
Measuring book yield correctly