Portfolio Rebound: How Long Should It Take?

Using his proprietary 'aftcasting' technique instead of Monte Carlo simulations, the author shows how long it will probably take different portfolios to recover after a negative market shock.

‘This is Not Modern Monetary Theory’

'We are being told Modern Monetary Theory (MMT) calls for helicopter drops of cash or having the Federal Reserve finance government spending through rebooted quantitative easing. This is not MMT,' write these economics professors.

Honorable Mention

Survey: How retirement plan sponsors and providers are coping (SPARK and DCIIA); RetireOne and Halo partner to distribute annuities and structured notes to fee-based advisers online; Social Security funding levels are stable, but don't yet reflect COVID-19 impact.

Fed easing clobbers fixed annuities

But sales of registered index-linked annuities (RILAs, aka 'structured variable annuities') posted a record high. RILAs offer more upside potential but less downside protection than fixed indexed annuities.


April 16, 2020

The CARES Act Isn’t Careful Enough

If this agonizing period leads to genuine reform, our 'blood, sweat and tears' (to borrow Winston Churchill’s famous words) won't have been in vain, writes our contributor.
April 9, 2020

Stormy Weather for Life Insurers

Life insurers are buffeted by a perfect storm of falling interest rates, falling share prices and falling sales of annuities. But, according to David Paul of ALIRT Insurance Research, the companies are holding up...
April 2, 2020

The Big Sick Leave: How Bad Will The Economy Get?

Economists don't expect the crisis to resolve before the summer. Assuming that no effective vaccine or treatment appears suddenly, we’re probably in for a long campaign.