Investment Insights

Market Commentary — U.S. Debt Ceiling Showdown: Just more noise or cause for concern?

May 19, 2023
Take a deep dive into the possible ramifications for retirement plans and assets, and what to consider in managing your retirement portfolio.

Market Perspectives: Second Quarter 2023

May 1, 2023
We believe an impending recession will be shallow and short as the U.S. transitions through a change in the business and economic cycles.

First Flash: First Quarter 2023

April 5, 2023
Despite the looming threat of recession and ripple effects of unexpected bank failures, the U.S. stock market proved resilient in the first quarter of 2023 due in part to cooling inflation and a robust labor market.

The MissionSquare View — First Quarter

April 5, 2023
We maintain similar positions for the first quarter of 2023 as last quarter, with the exception being moderately overweight to interest rate duration. Financial instability may force the Fed to pause interest rate hikes even if inflation remains elevated.

Market Commentary — Crisis of Confidence: Did the Bailout Stem a Contagion?

March 21, 2023
Given the recent fallout of Silicon Valley Bank and Signature Bank, the money put in to stabilize First Republic Bank, and most recently UBS buying Credit Suisse, is there a crisis of confidence?

MissionSquare Investment Outlook 2023 — Slow and Steady: Moving Forward

January 24, 2023
Amid market turmoil, some investors may hesitate to contribute to their retirement plan. We would advise them to be calm and play the long game.

Why Crypto Is Too Risky

January 24, 2023
We believe investments should have sound corporate governance and regulatory oversight. Since regulation of the crypto market is still developing; at this time, we don’t see crypto as a prudent investment.

Market Overview: January 20, 2023

Fourth Quarter Equity Market Overview and Outlook
The S&P 500 Index fell 18.1% in 2022, the worst year for equity markets since the 2008 financial crisis. However, in the fourth quarter the S&P 500 rose 7.6%, breaking a streak of three quarters of losses.

Fourth Quarter Fixed Income Market Overview and Outlook
Inflation remains high, and the labor market is still quite strong. The Federal Reserve plans to keep rates elevated until inflation pressures have eased. A cooling housing market may offer relief later in 2023.

First Flash: Fourth Quarter 2022

January 4, 2023
Amid global recession fears and U.S. stock market volatility in the fourth quarter of 2022, the S&P 500 rose 7.56%, the Dow Jones Industrial Average grew 16.01%, and the Nasdaq Composite Index fell 0.79%. Existing home sales in 4Q2022 declined for the 10th consecutive month.

The MissionSquare View — Fourth Quarter

January 4, 2023
We are maintaining a neutral position to equities over bonds and are moderately overweight to U.S. over International equities. Should global demand weaken, a European recession is likely to be more severe than a U.S. recession.

Stable Value Funds and Navigating Rising Rates

December 14, 2022
Markets have experienced rising interest rates over the past year, and it appears the trend will continue. We discuss the impact to stable value portfolios.

Market Overview: October 21, 2022

Third Quarter Equity Market Overview and Outlook
As U.S. equity markets continue to slide, investors remain on edge. Amid persistent inflation, sharply rising interest rates, geopolitical tensions, slowing economic growth, and ongoing market volatility, the S&P 500 dropped 4.88% in third quarter.

Third Quarter Fixed Income Market Overview and Outlook
Markets remain highly volatile, prompting sentiment to swing between recession fears and worry about inflation and rate hikes. Higher-than-expected inflation and a robust labor market are prompting the Federal Reserve and markets to reprice expectations for future levels of interest rates.

First Flash: Third Quarter 2022

October 4, 2022
Volatility in the U.S. stock markets worsened in the third quarter, largely driven by rising global recession fears, the Federal Reserve's continuing rate-tightening, and elevated consumer price inflation. The S&P 500 declined 4.88% in the third quarter of 2022, the Dow Jones Industrial Average fell 6.66%, and the Nasdaq Composite Index dropped 3.91%.

The MissionSquare View — Third Quarter

October 4, 2022
In our latest 12-month outlook for the stock and bond markets, we hold neutral positioning to equities over bonds, while we remain moderate overweight in large-cap equities over small-cap equities, and have a neutral position to growth vs. value equities.

Market Overview: July 21, 2022

Second Quarter Equity Market Overview and Outlook
U.S. markets suffered steep losses in the second quarter, sending most major markets into bear market territory. The S&P 500 Index fell 16.10% in the second quarter, marking the worst six-month start to a year for the benchmark equity index since 1970.

Second Quarter Fixed Income Market Overview and Outlook
After an exhausting amount of volatility, the second quarter of 2022 has finally come to a close. For most of the period, market sentiment and pricing oscillated wildly between concerns that out-of-control inflation would continue to worsen and fears that interest rate hikes would drive the economy into a recession.

First Flash: Second Quarter 2022

July 1, 2022
U.S. stocks reeled downward, and most other asset classes suffered losses during the second quarter as inflation climbed to levels not seen in decades. Amid investor fears of a recession, the Federal Reserve ("Fed") raised interest rates half a point in May, then again by .75 percentage points in June - the largest increase since 1994.

The MissionSquare View — Second Quarter

July 1, 2022
In our latest 12-month outlook for the stock and bond markets, we are moderately overweight in equities over bonds. Inflationary pressures may greatly increase bond volatility, while a slowdown in the U.S. economy may be milder than equity markets anticipate.

Market Overview: April 27, 2022

First Quarter Equity Market Overview and Outlook
U.S. equity markets posted their first negative quarter in over two years, with the S&P 500 Index falling 4.60% in the first quarter. Concerns over persistent inflation and an aggressive response from the U.S. Federal Reserve weighed on investor confidence to start the year.

First Quarter Fixed Income Market Overview and Outlook
Last year ended with real Gross Domestic Product (GDP) growth of 5.7% and a strengthening labor market. At least on paper, the U.S. appeared to have mostly recovered from two years of COVID-19-related disruptions.

First Flash: First Quarter 2022

April 4, 2022
A summary of the market and economic developments during the first quarter.

The MissionSquare View — First Quarter

April 4, 2022
A summary of MissionSquare Investment Adviser's latest 12-month outlook for the stock and bond markets. 

Market Overview: January 26, 2022

Fourth Quarter Equity Market Overview and Outlook
U.S. equity markets ended the recent quarter ahead by 11.03%, as depicted by the S&P 500 Index. The investment landscape remained quite volatile throughout the quarter as the emergence of the new omicron variant and fears over rising inflationary pressures prompted a correction in stock prices in November.

Fourth Quarter Fixed Income Market Overview and Outlook
Inflation has proven to be far more persistent than the Federal Reserve had initially expected, forcing them to pivot policy towards rate hikes and reductions of quantitative easing measures.

The First Flash — Fourth Quarter

January 4, 2022
A summary of the market and economic developments during the fourth quarter.

The MissionSquare View — Fourth Quarter

January 4, 2022
A summary of MissionSquare Investment Adviser's latest 12-month outlook for the stock and bond markets.

Market Overview: October 27, 2021

Third Quarter Equity Market Overview and Outlook
Global equity market conditions remained highly volatile in the third quarter as investor sentiment was swayed by conflicting top-down economic drivers. Positive gains during the quarter were led by the prospect of continued economic recovery due to the ongoing roll out of vaccines, FDA approval of Pfizer’s coronavirus vaccine booster and the introduction of a novel coronavirus medication by Merck & Co.

Third Quarter Fixed Income Market Overview and Outlook
There was hope we would build on the progress made in the second quarter when real GDP growth came in at a quarter-over-quarter (QoQ) seasonally adjusted annual rate of 6.6%. Instead, we faced the delta variant, supply chain issues, shortages of both goods and labor and the specter of stagflation.

The First Flash — Third Quarter

October 1, 2021
A summary of the market and economic developments during the third quarter.

The MissionSquare View — Third Quarter

October 1, 2021
A summary of MissionSquare Investment Adviser's latest 12-month outlook for the stock and bond markets.

Market Overview: July 27, 2021

Second Quarter Equity Market Overview and Outlook
U.S. equities recorded another strong quarter of performance as the economic reopening continued to gain steam. The S&P 500 rose 8.55% in the second quarter as the continued rollout of the coronavirus vaccine and the easing of COVID-19 restrictions helped spur a surge in consumer spending and business activity.

Second Quarter Fixed Income Market Overview and Outlook
The reopening recovery of the U.S. economy is well underway and is showing improvement in a wide variety of segments. However, some of this optimism has been tempered by a shortage of goods and labor, which are impacting supply chains.

The First Flash — Second Quarter

July 1, 2021
A summary of the market and economic developments during the second quarter. 

The Vantagepoint View — Second Quarter

July 1, 2021
A summary of Vantagepoint Investment Adviser's latest 12-month outlook for the stock and bond markets. 

Wayne Wicker on Sectors to Watch

Chief Investment Officer, Wayne Wicker, discusses the outlook for the market with TD Ameritrade. His sectors to watch currently are energy, materials, and industrials.

The Vantagepoint Market Perspective: Inflation Awakens from Hibernation

May 13, 2021
After years of benign readings, inflation reared its head last month. The key question is whether it’s simply a short-term blip or if prices will continue to push higher over the long term.

Market Overview: April 23, 2021

First Quarter Equity Market Overview and Outlook
Recovery stocks led the way during the quarter as investors pivoted to more cyclical areas of the market on the notion that a successful administration of vaccinations may very well lead to higher discretionary spending.

First Quarter Fixed Income Market Overview and Outlook
As COVID-19 vaccines get distributed and the country continues to reopen, the tone surrounding the economic recovery is increasingly optimistic. However, structural issues in the labor market may serve to dampen growth compared to current expectations.

Wayne Wicker Says Earnings Will Grow Even Compared to 2019 Levels

Chief Investment Officer, Wayne Wicker, discusses the upcoming earnings season with TD Ameritrade's, Scott Connor.

The Vantagepoint Market Perspective: Vaccines, Stimulus, and Reopenings Add Up

April 6, 2021
Friday's jobs report showed what a powerful combination trillions of dollars of stimulus, improvements in vaccine distribution and administration, and the reopening of the economy can be.

First Flash: First Quarter 2021

April 1, 2021
A summary of the market and economic developments during the first quarter.

The Vantagepoint View — First Quarter

April 1, 2021
A summary of Vantagepoint Investement Adviser's latest 12-month outlook for the stock and bond markets. 

Vantagepoint Market Perspective: Infrastructure and Assumptions — Texas and Beyond

February 25, 2021
Infrastructure is the sort of thing that most people take for granted. You just flip a switch or turn a knob and expect your house to light up, your furnace or air conditioner to kick into action, and the water to flow from the tap. And most of the time that’s exactly what happens. Until it doesn’t.

Inflation and the Economy

February 11, 2021
Wayne Wicker, Chief Investment Officer, Vantagepoint Investment Advisers, LLC, discusses inflation and what it could mean for the economy and investments with TD Ameritrade's Nicole Petallides.

The Vantagepoint Market Perspective: Stagnation and Stimulus

February 9, 2021
Friday's middling employment report was somewhat promising on the surface — until you dig into the details.

The Vantagepoint Market Perspective: Chaos and Order

February 3, 2021
While the GameStop saga has captured headlines during the past week, it’s important to remember that this kind of behavior — an attempted short squeeze — has gone on for years with various hedge funds on either side of the battle. The interesting twist this time is the involvement of a group of individual, retail investors who banded together via social media — primarily on Reddit’s WallStreetBets page — to join the fight.

Market Overview: January 27, 2021

Fourth Quarter Equity Market Overview and Outlook
The major equity indexes rallied strongly in the fourth quarter on news of a viable vaccine and finished the tumultuous year at all-time highs.

Fourth Quarter Fixed Income Market Overview and Outlook
Hope is on the horizon with COVID-19 vaccines being actively distributed. However, we expect growth to remain lackluster until labor markets can fully recover.

The Vantagepoint Market Perspective: Consequences Known and Unknown

January 12, 2021
Our firm is based in the nation’s capital. And though it’s been many months since we’ve regularly frequented our office on North Capitol Street, it remains within a few blocks of the United States Capitol building. So, as we, along with the rest of the nation, watched the storming of the House and Senate during the tallying of presidential electoral votes last week, it held particular resonance.

First Flash: Fourth Quarter 2020

January 4, 2021
A summary of the market and economic developments during the fourth quarter.

The Vantagepoint View — Fourth Quarter

January 4, 2021
A summary of Vantagepoint Investement Adviser's latest 12-month outlook for the stock and bond markets. 

What May be Ahead For The Market in 2021

December 10, 2020
Wayne Wicker, Chief Investment Officer, Vantagepoint Investment Advisers, LLC, discusses the what may be ahead for the market in the final weeks of this year and heading into 2021 with TD Ameritrade's Nicole Petallides.

The Importance of Long-Term Investing

December 9, 2020
Wayne Wicker, Chief Investment Officer, Vantagepoint Investment Advisers, LLC, discusses the importance of long-term investing and what may lie ahead in 2021 with Money Life's Chuck Jaffe.

The Vantagepoint Market Perspective: Rounding Out a Rollercoaster Year

December 8, 2020
Uncertainty has characterized much of 2020 and the year's final month is no different than the 11 that preceded it. In some ways, December looks to be the strangest month of the year, with the holiday season and promise of a vaccine contending with the worsening pandemic and economic warning signs.

The Vantagepoint Market Perspective: Hopes for a Smooth Road Back to Normal

November 18, 2020
In the two short weeks since election night, financial markets have rallied on the belief that the road back to normal will be both smooth and relatively fast. We are heartened by the news driving those gains, but as always, we continue to be on the lookout for bumps that might slow or derail the recovery.

The Vantagepoint Market Perspective: Without a Concession, Uncertainties Will Linger

November 6, 2020
The market's immediate reaction in the first two days following the election on November 3 was exceedingly positive, with traders pushing the S&P 500 to within shooting distance of its all-time high. But, much like the rest of the year 2020, a number of uncertainties are still looming on the horizon.

The Vantagepoint Market Perspective: The Road Ahead

October 28, 2020
With the nation's eyes so firmly locked on the November 3, 2020 election, we've cast our gaze differently and have been considering what happens in the days and weeks that follow that crucial vote — no matter the electoral outcome.

Market Overview: October 21, 2020

Third Quarter Equity Market Overview and Outlook
Equities began the quarter with a strong rally, endured a mid-quarter sell-off, and finished with respectable mid-single-digit gains.

Third Quarter Fixed Income Market Overview and Outlook
The U.S. economic picture has shown some improvement in many regards, as the country has begun to adapt to operating under the constraints of COVID-19. While some of the damage has been repaired, we still have a long way to go to reach the levels of economic activity seen before the pandemic.

The Vantagepoint Market Perspective: Never a Dull Moment

October 8, 2020
Heading into the November election, with COVID-19 still in circulation, each day seems to bring a new batch of eye-catching (and often market-moving) headlines. Some are cause for hope, others are cause for concern.

First Flash: Third Quarter 2020

October 1, 2020
A summary of the market and economic developments during the third quarter.

The Vantagepoint View — Third Quarter

October 1, 2020
A summary of Vantagepoint Investement Adviser's latest 12-month outlook for the stock and bond markets. 

The Vantagepoint Market Perspective: A Market Reality Check?

September 10, 2020
Heightened volatility returned to the major indexes in recent days, sending them sharply lower as many of the high-flying tech companies that had fueled the market’s advance over the summer sold off, only to stage a partial rebound on Wednesday.

The Vantagepoint Market Perspective: Jobs, Executive Orders, and the Markets

August 11, 2020
The latest report on the employment front brought a dose of positive news about the economy’s ability to claw its way out of the hole caused by the COVID-19-inspired shutdowns. But while the job increases are certainly positive, the markets continue to keep their eyes trained on federal stimulus efforts.

The Vantagepoint Market Perspective: Are We Ready for Some Football?

July 30, 2020
As we round out July, football season is just around the corner. Training camps are starting to gear up, both for professional and college players. But this year is unlike any other.

Market Overview: July 17, 2020

Second Quarter Equity Market Overview and Outlook
The combination of optimism regarding the reopening process, improving economic data, and supportive monetary policy catalyzed a second-quarter rebound that is uncannily symmetrical. The S&P 500 recovered 20.5%, the ninth best quarter on record and the biggest percentage gain since 1998.

Second Quarter Fixed Income Market Overview and Outlook
Fixed income markets responded to the quarter’s events by taking participants on a roller coaster ride. In aggregate, U.S. Treasury yields adopted a risk-off posture, shifting downward by at least 100 basis points at every spot on the yield curve.

The Vantagepoint Market Perspective: COVID-19 — Taking the Nation’s Economic Pulse

July 7, 2020
The latest news on the economic front has shown some encouraging signs that the country’s businesses have started to rebound from the widespread shutdowns this spring. However, areas of concern remain, particularly in light of the COVID-19 virus’ recent spike in some parts of the country.

First Flash: Second Quarter 2020

July 1, 2020
A summary of the market and economic developments during the second quarter.

The Vantagepoint View — Second Quarter

July 1, 2020
A summary of Vantagepoint Investement Adviser's latest 12-month outlook for the stock and bond markets. 

The Vantagepoint Market Perspective: COVID-19 in the Rearview Mirror?

June 24, 2020
After carving out what is hopefully a bottom in late March, the markets notched a hefty rebound in the months that followed. The combination of policy support and economic optimism overwhelmed fears of COVID-19 and the worldwide chaos it brought, leading to hopes that the worst effects would be visible only in the rearview mirror. However, over the past week, evidence of the spread of COVID-19 in both the U.S. and overseas resurfaced with a vengeance.

The Vantagepoint Market Perspective: Do the Markets Remember There’s an Upcoming Election?

June 17, 2020
After weeks of pricing in bleak, worst-case scenarios in late February and much of March, the market now seems to see few if any clouds on the horizon. The major stock indexes are flirting with their old highs and counting on the Fed's ability to keep interest rates at rock-bottom levels and to intervene in any areas of the financial markets that might run into trouble.

The Vantagepoint Market Perspective: The Jobs Report, the Market, and the Real Economy

June 9, 2020
After months of seemingly non-stop negative headlines, Friday's jobs report brought a much-needed dose of good news. The Bureau of Labor Statistics' widely watched monthly payroll report showed the economy added an impressive 2.5 million jobs in May after shedding -20.7 million jobs in April.

The Vantagepoint Market Perspective: Reopenings, Protests, and the Market

June 3, 2020
The protests, riots, and curfews that have evolved during the past week in multiple cities — along with the underlying issues that prompted them — have been tragic on many levels. However, while the situation is clearly very serious, so far, the financial markets seem to be looking ahead to the prospects for an economic restart and recovery later this year and into 2021 and 2022.

The Vantagepoint Market Perspective: Trust, but Verify

May 21, 2020
Back in the Cold War days of the 1980s, as President Ronald Reagan was negotiating with the Soviet Union, he adopted and popularized an old Russian proverb: trust, but verify. The former president's signature phrase increasingly comes to mind as we monitor the latest COVID-19 news and the market’s reaction to it. .

The Vantagepoint Market Perspective: COVID-19 and the Great Outdoors

May 15, 2020
Across the nation, when it comes to decisions about how to navigate the COVID-19 pandemic, the choices for government officials in recent months have been stark: Close down your state or city and strangle your economy and businesses in an effort to save lives or open it up and potentially put your citizens — particularly the elderly — at risk.

The Vantagepoint Market Perspective: The Unemployment Tsunami

May 12, 2020
The market expected the latest monthly payroll report to be bad. And a close look at the numbers shows they were truly terrible. The April report, which was released Friday, May 8, 2020, was the first one that reflected a full month of economic activity (or in this case a lack thereof) since the COVID-19 pandemic and its accompanying shutdowns hit the U.S.

The Vantagepoint Market Perspective: Models, Markets, and Reality

May 6, 2020
Models of all stripes, which offer a range of projected outcomes based on differing conditions and variables, have received greater attention and scrutiny in recent weeks.

The Vantagepoint Market Perspective: COVID-19 and the Lockdown Thaw

May 1, 2020
The quick switch to social distancing mode and the closure of large swaths of the U.S. and global economy have been among the most difficult and painful adjustments that individuals, businesses, and government officials have had to undertake in generations. And that was the easy part.

The Vantagepoint Market Perspective:
(Un)Employment and the Great Reopening

April 24, 2020
Thursday brought the latest data on the (un)employment front, which was still largely — though not entirely — negative. In all, 4.4 million people filed for first-time unemployment benefits last week, which is a staggering number that, prior to last month, would have dwarfed all weekly records. Now, however, it’s a sign that the pace of job losses seems to be slowing, which is definitely a good thing. 

The Vantagepoint Market Perspective:
Supply Does Not Equal Demand — Oil Disruptions…And More

April 21, 2020
Nearly two months ago, coronavirus (COVID-19) fears sparked a stock market shock that would, in the weeks that followed, send the major indexes tumbling faster than they ever had before. And on Monday, April 20, those chaotic market declines spread to commodities — specifically, the oil market. 

Market Overview: April 17, 2020

First Quarter Equity Market Overview and Outlook
On March 12, 2020, the bull market’s 11-year run came to an end. Its plodding ascent earned the distinction of being the longest in history. In contrast, the bear market that took hold has resembled a fleeting mad dash.

First Quarter Fixed Income Market Overview and Outlook
Fixed income markets responded to the quarter’s events by taking participants on a roller coaster ride. In aggregate, U.S. Treasury yields adopted a risk-off posture, shifting downward by at least 100 basis points at every spot on the yield curve.

The Vantagepoint Market Perspective:
The Return to Normalcy and the Question of Timing

April 14, 2020
The stock market's sizable gains last week, combined with encouraging news that the number of coronavirus (COVID-19)-related deaths in the U.S. declined for two days in a row, have fostered hopes that the virus' spread may be peaking in the U.S. And that has sparked speculation about when the quarantines and shutdowns will be lifted, and the nation's economy reopened. 

The Vantagepoint Market Perspective:
Coronavirus and the Markets — The Good News and the Realistic News

April 8, 2020
Let’s start with the good news. The major indexes scored sizable gains on Monday, April 6, 2020, amid hopes that the coronavirus' (COVID-19) infection rate had hit its peak in New York City and that the proverbial curve is starting to bend due to the physical distancing measures in place. Monday's market gains seemed to indicate that a slower infection rate in New York could mean that the disease is hitting its apex not just in that city, but in the nation as a whole. 

The Vantagepoint Market Perspective:
Check Those Numbers — March Unemployment and Coronavirus Testing

April 3, 2020
After notching much-welcomed gains in the wake of the government’s $2 trillion stimulus package, the market’s abrupt pivot to bullishness seemed to waver as the first quarter wound to a close and the second quarter got underway. In recent days, the market has seen a lot of back-and-forth, indecisive action as traders digested the latest coronavirus (COVID-19) news, along with early reports showing the severity of the economic fallout that the disease is leaving in its wake. 

The Vantagepoint View — First Quarter

April 1, 2020
A summary of Vantagepoint Investement Adviser's latest 12-month outlook for the stock and bond markets. 

First Flash: First Quarter 2020

April 1, 2020
After an 11-year hibernation, the bear market awoke with a vengeance in the first quarter, courtesy of a worldwide pandemic and falling oil prices.

The Vantagepoint Market Perspective:
A Bull Within a Bear Market?

March 31, 2020
The government's sweeping $2 trillion stimulus package last week came as a welcome relief to the market. The far-reaching legislation includes tax refund checks, expanded unemployment aid, loans for large and small businesses, and funding for the nation's health-care system, among other efforts aimed at staunching the economic bleeding. It comes on the heels of massive pushes by the Federal Reserve to shore of up the nation’s financial system.

The Vantagepoint Market Perspective:
Recent Market Gains and the Road Ahead

March 26, 2020
This week saw the Dow Jones Industrial Average log the biggest one-day increase in its history on Tuesday, followed by another gain on Wednesday. That marked the first time since the market's ferocious sell-off began that it's scored two days of back-to-back increases. Meanwhile, the broader S&P 500 followed a path similar to the Dow. Those market gains stemmed from the fact that the nation's two major political parties appeared to have come to an agreement on a stimulus deal that is roughly double the dollar amount that was originally anticipated.

The Vantagepoint Market Perspective:
Market Volatility and the Stimulus Package

March 23, 2020
Despite the Federal Reserve’s (the Fed’s) recent herculean efforts to calm the waters, the markets remained volatile during Monday’s trading session. We believe that’s largely due to the fact that Congress’ coronavirus (COVID-19)-inspired stimulus package is still being hashed out, as of the current writing.

The Vantagepoint Market Perspective:
The "Why" of the Fed's Actions

March 20, 2020
Over the last few decades, with each appearance of a new virus or pathogen, the medical community's concerns often focus primarily on the means of transmission and the new disease's impact on the people it infects. A secondary concern is whether the virus will mutate, rendering any tools initially developed to fight it - such as vaccinations or treatments — ineffective.

The Vantagepoint Market Perspective:
The Fed, Coronavirus, and the Markets

March 18, 2020
The market's recent coronavirus-inspired slide has come with a ferocity and quickness that surpasses anything in the collective memory of most market participants. Similarly, the Federal Reserve's latest efforts to try to stem the financial and economic fallout that may grow from it haven't been seen since the darkest days of the 2007-2008 financial crisis. In this piece, we'll take a closer look at the Fed's latest actions and what it may mean for the markets going forward.

Private Alternatives Is Missing Piece in DC Plan Retirement Security

March 18, 2020
What would it take to bring defined contribution plan performance into line with defined benefit plans?

The Vantagepoint Market Perspective:
Coronavirus and the Markets: Short-Term and Long-Term Impacts and Considerations

March 16, 2020
The worrying global spread of the coronavirus infections and the failure of the alliance of OPEC and 10 non-OPEC members led by Russia to agree on a unified position in recent weeks have sent stock and oil prices sliding with a quickness and velocity not seen since the 2007-2008 financial crisis. However, in terms of investing and saving for retirement, we believe it's important to distinguish between short-term and long-term potential impacts.

Demystifying Non-Agency Commercial Mortgage-Backed Securities

A primer on the different flavors of commercial mortgage-backed securities and the roles they play in fixed income funds.

Stable Value in 2018: Using the Full Tool Box to Navigate Rising Rates

Describes key tools for constructing a stable value fund that can weather a rising interest rate environment.