A Vanguard analysis shows why lofty earnings expectations shouldn’t overly concern the U.S. equity market.
When a recession occurs, we don’t know precisely when equity markets will recover. But equity prices have frequently started to recover before the end of the recession.
Three scenarios that the Fed could face in the coming months—a hard landing, stagflation, and a softish landing.
How far will central banks go to curb inflation? Well above neutral rate, Vanguard economists say.
A new Megatrends paper explores equilibrium interest rates, the forces that shape them, and where they may be headed.
A Vanguard white paper looks at ways to tailor portfolios to address specific investor goals and preferences.
Seven in 10 defined contribution plan participants are saving enough to replace 65% of their salary in retirement. A new Vanguard white paper looks at several ways plan sponsors can help participants boost these replacement rates. Among them: Automatic enrollment defaults and enhanced employer contributions.
This paper explores the effects of “sequence-of-return” risk on retirees who depend on a financial portfolio to generate income. Vanguard researchers find that retirees receiving a concentrated series of poor returns are 31% more likely to outlive their wealth, possess 11% lower retirement income streams, and leave 37% smaller bequests.