What stands out for US readers of the data, is that Germany and the US are level pegging and that many European countries appear far more mobile than either of them. If one makes the adjustments @APeichl advocates, does anything change about that surprising picture?
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
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