Vanguard's economic and investment outlook
January 8, 2014
Vanguard's recently released "Economic and investment outlook" presents our perspectives for global economic growth, inflation, interest rates, and the range of expected returns for stocks and bonds over the next decade. The report also focuses on the issues influencing the economy and financial markets. Joseph Davis, the head of Vanguard's Investment Strategy Group, and his colleagues explain why Vanguard forecasts favorable odds for a slight pickup in near-term growth for the United States, Europe, and other select developed markets for the first time since the financial crisis.
Overall, Vanguard adheres to its long-held principles and believes that a balanced and diversified portfolio can remain a high-value proposition in the next decade.
- All investments are subject to risk, including possible loss of principal. Diversification does not ensure a profit or protect against a loss.
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