Tag: Cam Marston

RSA's Bronner blames market crash on COVID overspending, global turmoil

David Bronner, who has headed the Retirement Systems of Alabama (RSA), the state employee pension fund now valued at $50 billion since 1973, says turmoil in the financial markets can be primarily blamed on two phenomena: inflation caused by government overspending in response to COVID-19 and the ongoing Russia-Ukraine conflict.