rate of return
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jul 30, 2018 by Charlie Ellis · across every show →
Everything said about rate of return, oldest first
Jul 30, 2018 bearish
Underfunded public pensions will miss 7% returns due to heavy bond allocations
“You can see it easily in the state and city funds that are seriously underfunded, even if they're assuming a seven, seven and a half percent rate of return, which they're not going to get, because they've got 25% in two and a half, three percent bonds. They're…”