Pensions
OMERS Reports First Annual Loss Since Financial Crisis
Canadian pension attributes 2.7% loss to the effects of pandemic on real estate, transportation, entertainment.
There are three reasons why, after long dwelling at subterranean levels, the cost of money will eventually poke its head up.
Under new set-up, a plan is over-funded, which serves as a cushion in a downturn. Any benefit cuts are only as a last resort.
Dwindling business activity is worrisome, and market slide isn’t over, Yale prof warns.
Forecasts say the yellow metal may reach $1,500 an ounce in coming months.