Aftermath Pension Metric – Draft 2

I’ve taken this holiday weekend, this month’s economic turmoil, and the past year’s efforts at my favorite hobby as occasion to launch something I’ve dreamed and worked toward for nearly a quarter of a century: what I’m calling the Aftermath Pension Metric. Although I was comfortable enough with the APM’s first draft to post the preliminary results, I have numerous refinements planned, so will see many drafts through the remainder of 2008, hoping to be pretty much settled in by the end of the year. I don’t anticipate any of the drafts taking the APM very far from any preceding draft, and I expect basic trends to remain intact throughout. But for now, this remains very much a work in progress.

Draft 2 knocks about 25-30 basis points off the APM results previously given in Draft 1, but as expected leaves intact the basic trend we’ve seen for October 2008 –

	10/9/2008		91.37
	10/8/2008		93.68
	10/7/2008		93.22
	10/6/2008		94.95
	10/3/2008		97.05
	10/2/2008		97.98
	10/1/2008		99.57
	9/30/2008		99.71

Further details are provided in the APM document.

(Remember, as I’ve previously observed, posts such as this represent efforts of my favorite pastime. My formal work does not involve any of this, and none of it represents any position or comment that should in any way be attributed to my employer. Likewise, as always, it represents general personal impressions and should not be treated or used as formal professional advice.)

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