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Vanguard Economic and Market Outlook 2022 (Midyear)

Jul 14, 2022
Economic & market outlook

A lot has changed since Vanguard published its economic and market outlook for 2022, Striking a Better Balance. At the start of the year, we expected global economies to continue to recover from the effects of the COVID-19 pandemic but at a more modest pace than in 2021. While that holds true, the pace of change in macroeconomic fundamentals such as inflation, growth, and monetary policy has failed to live up to expectations. 

Vanguard’s midyear update of its economic and market outlook shows a growing risk of recession in a number of economies, as central banks take aggressive actions to curb inflation.

Full Report

Read our full report

Read our full report on agglomerating our economic outlooks, including our view on probabilities of recession, for the United States, Europe, China, Mexico and more.

Insights Commentary

Read insights commentary

Read the summary on our economic outlooks emphasizing our views for the largest economies.

Andrew Patterson

Risk of recession is rising across economies

Some of our experts, such as Andrew Patterson give their opinion on our midyear economic outlooks.

Joe Davis

Is recession inevitable?

Inflation is at generational highs, and many are concerned about the threat of recession. So, what’s Vanguard's view?

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