During the third quarter, the U.S. Federal Reserve Board (the “Fed”) reduced short-term interest rates, marking a shift in interest rate policy from the prior four years. For much of that time, the Fed was

Asset class returns were generally positive in the second quarter of 2024. Insurance-linked securities led all asset classes for the quarter while stocks and bonds produced modest positive returns. Meanwhile, real estate securities turned in

Stocks picked up in the first quarter of 2024 from where they left off last year. After a strong rally to end the year, U.S. and non-U.S. stocks returned 10.4 percent and 4.6 percent, respectively

Happy New Year! It’s that time of year when economists and investment professionals engage in the popular ritual of predicting where the economy and markets are headed over the upcoming year. If enough people look

The third quarter of this year marked the 15th anniversary of the collapse of Lehman Brothers, the investment bank failure at the epicenter of the Global Financial Crisis of 2008. The occasion got me thinking