The latest monthly update from Vanguard’s global team of economists.
Economic and market woes can tempt some investors to go all-cash, but that’s virtually ensuring a negative return when adjusted for inflation. Patience has historically been the key to portfolio success.
Nick Eisinger, emerging markets lead strategist, Vanguard Europe, examines the heightened risk of distressed situations in emerging market bonds and how investors can navigate them with active bond funds.
Vanguard’s European chief economist, Jumana Saleheen, says central banks face a stiff test in trying to control inflation and ward off recession, with little room for error.
Why we believe a US recession isn’t a foregone conclusion.