\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

What happens to state/local pensions if stocks ever go down?

seems like most pension funds are a mix of equities and bond...
blathering house mental disorder
  10/20/17
states just raise taxes and repossess homes... all to make ...
saffron knife
  10/20/17
The schools and roads would turn to complete shit. Oh wait, ...
Fantasy-prone bat-shit-crazy den legal warrant
  10/20/17
No one made you move to California.
Ultramarine Electric Furnace Lay
  10/20/17
Poors will riot and burn down certain areas.
house-broken exciting incel
  10/20/17
Boomers will just slap millennials with a 5% Patriotism Tax ...
misanthropic pungent bbw pervert
  10/20/17
...
Sable market fortuitous meteor
  10/20/17
...
Irradiated domesticated piazza people who are hurt
  10/20/17
pension funding is LOL but not sure what you're saying here ...
Galvanic center
  10/20/17
the way i have seen it described is like a feedback loop. ...
blathering house mental disorder
  10/20/17
Pension systems aren't loading up on their municipalities' b...
Galvanic center
  10/20/17
feds probably bailout a portion
yapping trailer park weed whacker
  10/20/17
raise taxes, cut down services and ask for bailout
Lime crawly rehab travel guidebook
  10/20/17
death panels
Charismatic orchestra pit yarmulke
  10/20/17
California is FUCKED.
supple skinny woman
  10/20/17
that's why we are importing a third-world brown population. ...
Glittery Mewling School Cafeteria Organic Girlfriend
  10/20/17
...
Nofapping coral french chef area
  10/20/17
...
Irradiated domesticated piazza people who are hurt
  10/20/17


Poast new message in this thread



Reply Favorite

Date: October 20th, 2017 8:38 PM
Author: blathering house mental disorder

seems like most pension funds are a mix of equities and bonds, but some of the bonds are issued by the municipalities themselves, and are tied into the equity market anyway. even with dow 23K, a lot of pension funds are barely treading water. what happens if there is a "correction" at some point after this eight-year run?

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34490992)



Reply Favorite

Date: October 20th, 2017 10:50 PM
Author: saffron knife

states just raise taxes and repossess homes... all to make sure the BOOMERS who retired at 50 get paid

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491850)



Reply Favorite

Date: October 20th, 2017 8:38 PM
Author: Fantasy-prone bat-shit-crazy den legal warrant

The schools and roads would turn to complete shit. Oh wait, that's already happened.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34490995)



Reply Favorite

Date: October 20th, 2017 9:35 PM
Author: Ultramarine Electric Furnace Lay

No one made you move to California.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491376)



Reply Favorite

Date: October 20th, 2017 8:39 PM
Author: house-broken exciting incel

Poors will riot and burn down certain areas.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491002)



Reply Favorite

Date: October 20th, 2017 8:44 PM
Author: misanthropic pungent bbw pervert

Boomers will just slap millennials with a 5% Patriotism Tax to fund their yearly once-in-a-lifetime trip through Europe

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491039)



Reply Favorite

Date: October 20th, 2017 8:59 PM
Author: Sable market fortuitous meteor



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491140)



Reply Favorite

Date: October 20th, 2017 9:52 PM
Author: Irradiated domesticated piazza people who are hurt



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491474)



Reply Favorite

Date: October 20th, 2017 8:47 PM
Author: Galvanic center

pension funding is LOL but not sure what you're saying here

"but some of the bonds are issued by the municipalities themselves, and are tied into the equity market anyway"

If you're saying NYC bonds would lose money when the stock market falls because NYC's pension system owns NYC bonds, that's not correct.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491059)



Reply Favorite

Date: October 20th, 2017 9:01 PM
Author: blathering house mental disorder

the way i have seen it described is like a feedback loop.

eg:

-illinois pension buys IL bonds

-IL is able to pay on those bonds because a rising stock market eases its overall financial situation to an extent

-stock market falls

-IL edges closer to insolvency and cannot pay on its bonds

-IL pension fund holding equities and bonds gets nailed twice (unpaid bonds + sinking equity returns)

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491149)



Reply Favorite

Date: October 20th, 2017 9:50 PM
Author: Galvanic center

Pension systems aren't loading up on their municipalities' bonds. They are governed by prudent man type guidelines that prevent any significant concentration. Some governments are fucked due to their bonds and/or pensions, but not because of what you described

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491462)



Reply Favorite

Date: October 20th, 2017 8:49 PM
Author: yapping trailer park weed whacker

feds probably bailout a portion

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491069)



Reply Favorite

Date: October 20th, 2017 8:53 PM
Author: Lime crawly rehab travel guidebook

raise taxes, cut down services and ask for bailout

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491099)



Reply Favorite

Date: October 20th, 2017 8:56 PM
Author: Charismatic orchestra pit yarmulke

death panels

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491120)



Reply Favorite

Date: October 20th, 2017 9:00 PM
Author: supple skinny woman

California is FUCKED.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491147)



Reply Favorite

Date: October 20th, 2017 9:02 PM
Author: Glittery Mewling School Cafeteria Organic Girlfriend

that's why we are importing a third-world brown population. they are used to third-world impoverishment, and they are too stupid/ineffectual to protest when this happens.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491158)



Reply Favorite

Date: October 20th, 2017 9:02 PM
Author: Nofapping coral french chef area



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491161)



Reply Favorite

Date: October 20th, 2017 9:52 PM
Author: Irradiated domesticated piazza people who are hurt



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491469)