Market Review & Outlook – Third Quarter 2015

As the third quarter comes to a close, we are reminded that financial markets don’t always rise, and volatility can attack without warning and as we have just seen, quite swiftly.  When the dust settled, the S&P 500 finished the quarter down 6.4%, corporate bonds lost close to 5%, and emerging market equities would go […]

Will the Stock Market Save Your Public Pension?

Double-digit annual returns for most U.S. public pension systems over the past two years have done little to shrink the yawning deficits facing many of them after a decade of inadequate funding, according to analysts and recent data. -excerpted from Reuters, March 10, 2014   Thanks to a robust stock market, most systems have enjoyed […]