Headlines from Across the MAP
Mar 10, 2022Public pension funds had a median 61% of their assets in stocks as of Dec. 31, up from 54% 10 years ago, according to Wilshire Trust Universe Comparison Service. Since then, the Russia-Ukraine War and expectations that the Federal Reserve will raise interest rates this month have battered equity prices, reducing those holdings by billions of dollars.
- MEI: "The Russia-Ukraine War has Turned Egypt's Food Crisis into an Existential Threat to the Economy"
- The Wall Street Journal: "How War in Ukraine Drives Up Inflation at U.S. Farms, Supermarkets, Retailers"
- Visual Capitalist: "Visualizing Ukraine’s Top Trading Partners and Products"
- Visual Capitalist: "Mapped: Where America’s Truckers Live, by State"
- Zero Hedge: "Grains Cheatsheet"
- Bloomberg: "Over Charge Car Buyers Now, And The Industry Will Pay Later"
- The Wall Street Journal: "U.S. Retirement Funds, Heavy on Stocks, Brace for Losses"
- CNBC: "Some Tech Stocks Are Down 75% From Their Highs Last Year — These Are Among The Biggest Losers"
- The Wall Street Journal: "Will Inflation Stay High for Decades? One Influential Economist Says Yes"
