The hit to consumption is one of characteristic features of this crisis. As @AdamPosen was emphasizing yesterday it… https://t.co/LAOYDQWcN4
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