How AI’s economic benefits may shift from technology builders to end users across industries.

Our up-to-date outlooks for global economies and U.S. asset class returns.

Understanding the potential uncertainty and volatility involved is key when considering alternative assets.

While headlines paint a picture of panic during geopolitical shocks, the reality of investor behavior tells a different, calmer story. When tensions in the Middle East escalated sharply in late February 2026, reigniting market volatility and testing investor resolve, Vanguard examined how individual investors actually responded. It turns out that most Vanguard investors stayed the course, and those who traded were far more likely to buy the dip than to sell in a panic.