Our investment and economic outlook, May 2025

Our investment and economic outlook, May 2025 By Vanguard Markets and economy   Tariff reprieves, trade deals brighten the economic horizon Global trade developments have made us more optimistic for modest economic growth in 2025. But policy uncertainty remains high.   Australia Amid weaker global growth, expect a dovish central bank. “Given the combination of…

Tariff strife on hold as other risks simmer

Tariff strife on hold as other risks simmer By Vanguard Markets and economy   Tariff announcements create a risk-off environment In an unlikely sequence of events, markets have just navigated a dramatic round-trip: a sharp spike in volatility and a market sell-off, followed by an equally swift return to relative calm. The CBOE Volatility Index…