Charts of the Week
Funding Gaps at Public and Private Pensions
March 27, 2026
Private pension funds typically have much smaller funding gaps than their government counterparts.
Private pension funds typically have much smaller funding gaps than their government counterparts.
Over the past couple decades, households' real estate equity and direct stock ownership have moved in lockstep.
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
U.S. equity net issuance rose by $1.6 trillion in the fourth quarter.
A review of our recent research.
For much of the past few years, volatility has manifested much more in underlying index securities than at the index level. The Iran conflict has flipped this on its head.
Commentary & analysis of selected stories on March 26, 2026
Commentary & analysis of selected stories on March 25, 2026
Commentary & analysis of selected stories on March 24, 2026
The bond market is repricing higher yields and exploding volatility for a major inflation shock from oil disruptions, not a recession. Like 2022, these supply shocks lift inflation faster than they slow growth, forcing the Fed to hold steady or even hike rather than cut rates.
The Commitments of Traders report enables investors to track changes in positions among various groups of traders/investors.