Lending, borrowing and investing in a negative rate world
A breakdown of what you need to watch this month as you consider investment implications for your pension plan.
Inventories tend to have a cycle of their own, growing and contracting several times over the course of an expansion.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%
PG&E (ticker: PCG) filed for bankruptcy - surprisingly the issuer was within the A or better rated pension liability discount rate universe within the prior 12 months.
Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.
Explore this month’s report where we see the highest funded status level achieved since December 2012.
Alternatives for uncorelated income
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
Now is an opportune time for investors to reassess whether passive bond investing can deliver on their fixed income allocation objectives.