Our investment and economic outlook, August 2024 By Vanguard Markets and economy Our region-by-region economic outlook and latest forecasts for investment returns. This month, we take a closer look at interest rates and the changed anatomy of bond returns. They’re simple enough dynamics: Interest rates rise, bond prices fall; interest rates fall, bond prices rise.…
Economic payoff of AI is coming – but it’s not here yet By Joe Davis, Vanguard Global Chief Economist Markets and economy AI’s rapid run may not prevent a U.S. slowdown or justify high stock valuations. I’m optimistic about the long-term potential of artificial intelligence (AI) to power big increases in worker productivity and economic…
Quarterly economic and market update June 2024 Global equities reached record highs after faltering in April, as the inflation outlook became more favourable as the quarter progressed. The ‘bad news is good news’ dynamic reemerged as weaker economic data, particularly in the United States, contributed to more interest rate cuts priced in by markets… Download…
Our investment and economic outlook, July 2024 By Vanguard Markets and economy Our region-by-region economic outlook and latest forecasts for investment returns. A labour market indicator that has reliably signaled the start of recession could appear in coming months. The Sahm rule (named after the former Federal Reserve economist who identified it) is triggered when…