Leo Kolivakis's blog

Governor 'Terminator' meet Governor 'Wrecking Ball'...

According to Laurence Kotlikoff, Social Security is broke. He estimates its fiscal gap is $16 trillion. If you factor the trillion dollar gap of underfunded state plans, the US Pension Ponzi scheme is a lot worse. What can be done to address the looming retirement crisis?

Someone wasn't pleased with Tyler's "incorrect rants" on TRS...

If forced liquidation becomes a pattern among US (and global) pension funds, watch out, the pension tsunami will have far reaching effects which will make the whole AIG fiasco look like a walk in the park...

When Fairfax Financial purchases $23 billion worth of protection (notional value) against the threat of deflation in the coming 10 years, you have to wonder whether financial retraction looms ahead...

It's not a bull or bear market, it's a "wolf" market, and it's scaring retail investors away. How long before the "wolves" end up cannibalizing each other and we end up paying a high price for their reckless greed?

The SEC’s crackdown on the State of New Jersey this week for misrepresenting the condition of its pension funds has cities and states scrambling to make sure their pension disclosures are in order. Is this the tip of the iceberg?

It looks like an M&A boom is on the horizon and it might provide a much needed lift to sagging markets.

The Caisse de dépôt et placement du Québec, Canada's largest pension fund, announced today a return for the first half of 2010 of 2.33%, outperforming its benchmark by 307 basis points and adding $4.1 billion in value added. Given the volatility in the markets, this is impressive.

Is the Mother of all bubbles about to pop?

More insights from "smart money"....

What are the top hedge funds buying and selling?

Analysts say they expect South Korea’s public pension funds, which now hold more than 300 trillion won ($252.73 billion) in assets, to be increasing their equity holdings soon.

Norway's fund dropped $25 billion in the second quarter, pummeled by the European debt crisis and BP's downturn after the Gulf of Mexico spill.

We are at a crossroads and even experts are baffled as to what awaits us. Before you jump to any simple conclusions, read this comment very carefully.