In observance of the National Day of Mourning honoring former President Carter, U.S. stock markets will be closed on Thursday, January 9, 2025. Vanguard will be open and operating during normal business hours on January 9.
Transaction requests received after 4 p.m. Eastern time on January 8 will receive the next business day's trade date. Please note, bond markets will close at 2 p.m. Eastern time on January 9.
Megatrends: What AI's transformational prospects may mean for the economy.
Perspectives and news
Investing strategies
Kick-start the new year with a financial plan
Begin the new year with these resources to help keep your financial planning on track.
Our full library of perspectives
Navigating 2025: Some key insights from the past year
These market and economic perspectives captured readers’ attention in 2024 and remain relevant for investors.
Balancing act: Enhancing target-date fund efficiency
Optimizing a target-date rebalancing strategy that aims to improve long-term investor outcomes by managing risk.
Germany’s economic woes go beyond the energy crisis
Unpacking Germany’s economic challenges: overreliance on exports, an aging workforce, and stifling bureaucracy.
Research spotlight
Economics and markets
Vanguard economic and market outlook for 2025: Beyond the landing
Positive after-inflation returns will likely prevail, but tension grows between momentum and valuation for equities.
Our full library of research
The rebalancing edge: Optimizing target-date fund rebalancing through threshold-based strategies
Our TDF threshold-based rebalancing methodology can generate higher annual returns with reduced transaction costs.
Time-varying asset allocation: Vanguard’s approach to dynamic portfolios
Want to grow wealth over time? This medium-term forecast model may increase your chance of investment success.
Job transitions slow retirement savings
Job changes often come with higher pay but a lower saving rate. Our research shows how 401(k) plan sponsors and policy makers can help workers keep their savings momentum.
