Market Perspectives: Vanguard's monthly economic market update
Vanguard's monthly update provides timely analysis on important market and economic news. View our latest insights on trade tensions, Brexit, policy changes, and more.
Emerging Markets Fixed Income Commentary
After a period of outperformance, Emerging Markets HY underperformed IG with the HY-IG spread widening 15bps. This marks the end of strong second quarter with a quarterly return of 4%.
A midyear update on our economic and market outlook
Vanguard's mid-2021 update on the economy and markets looks at how differences in vaccination rates and varied levels of fiscal support are likely to produce uneven economic growth.
Investor expectations in the COVID crisis
Investor expectations for U.S. stock market returns appeared to follow market activity in close lockstep.
Drawdown from financial accounts in retirement
Some patience required: outperformance in active fixed income
In active equity funds, concentration matters. Active bond funds? It's complicated.
Fuel for the F.I.R.E.: Updating the 4% rule for early retirees
The unwinding of loose monetary policy: How far will yields rise?
As monetary policy loosens, global bond yields are likely to rise, but only modestly.
Why rises in bond yields should be only modest
Central banks are likely to raise policy rates and reduce the size of their balance sheets in the years ahead, but this should translate to only modest increases in bond yields, according to Vanguard Asia-Pacific senior economist Alexis Gray.
Why U.S. value stocks are poised to outperform growth
In a reversal from the past ten years, we expect value stocks to outperform growth stocks over the next decade.
The coming rise(s) in inflation
"Base effects" and a stimulated U.S. economy are about to push inflation higher than we've seen in recent years.
Vanguard Latin America Quarterly Overview & Outlook
Our baseline forecast assumes that an effective combination of a vaccine and therapeutic treatments will eventually lead to a gradual easing of restrictions and economic recovery.
BBBs in a post-COVID economy
Vanguard's credit team anticipates a decline in corporate leverage from the recent COVID-19 highs, and that the worst in terms of credit deterioration is likely behind us.
Why we don't see Fed rate hikes anytime soon
The Fed left its target for the benchmark federal funds rate unchanged at its March 17 meeting. Its approach to inflation and the labor market means rate hikes may be a way off.
Digital currencies and investment portfolios
Roger Aliaga-Díaz, Chief Economist, Americas, and Head of Portfolio Construction at Vanguard, explains why investors should understand the risks of investing in cryptocurrencies.
Asset bubbles and where to find them
It's hard to identify an asset bubble before it bursts. But we expect that valuations eventually will reflect companies' true probability of profitability.
Now playing: China's policy normalization challenge
China is the first major economy to fully recover from the COVID-19 pandemic. How policymakers balance near-term and medium-term financial stability is a challenge for global policymakers as well.