Cool 2008 and 2020 comparison chart from @IMFNews GFSR. Not just the number of economies contracting the pace of their contraction is staggering in 2020.
imf.org/en/Publication… https://t.co/dwGrdTEFxa
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