The journey toward a downturn phase in the credit cycle is typically more like a brisk walk than a sprint.
New Opportunities to Help Diversify and Strengthen Insurance Portfolios
If there is one certainty for pensions, it is that monthly benefit obligations will continue for the life of the plan regardless of what is happening in the markets.
Oftentimes, tighter monetary policy exposes financial excesses and pockets of risk within an economy. In the current late-cycle environment, this may be the case.