Decomposing US inflation reveals that ex of housing and health care, the US is in deflation: https://t.co/n2d26RYOeC
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from