Our insights straight
to your inbox

Our insights straight to your inbox

Receive our latest Advisor's Digest
research
and commentary sent the
first business
morning every week.

A weekly digest of our latest research and commentary. Topics include the economy and markets, portfolio strategy, ETFs, and practice management.


Fund openings/closings, fund manager changes, dividend distributions, webinars, and other events you might want to know about.



Already registered? Log on to
manage your
email subscriptions.

STAY CONNECTED

LinkedIn  LinkedIn

  Mobile access
  RSS feed

Interest rates

Interest rates

Understanding the direction and impact of changing interest rates

Fed outlook for 2019: A pause is coming

2019 Economic and market outlook: Down but not out

Whitepaper

Vanguard's outlook for global markets, the global economy, inflation, employment, and monetary policy.

Vanguard's expectations for the global markets in 2019 and beyond.

  Read executive summary

 | 

  Read white paper

Our CIO talks expectations, interest rates, and blockchain

Article

An interview with Vanguard Chief Investment Officer Greg Davis about investment and economic conditions, investor expectations, and technology's effects on financial market efficiency and transparency.

An interview with Vanguard Chief Investment Officer Greg Davis.

  Read article

Vanguard's global outlook summary for 2019

Article

Although several factors in the global economy will raise the risk of recession in 2019, a slowdown in growth--led by the United States and China--is the most likely outcome.

Factors in the global economy will raise the recession risk in 2019, but a growth slowdown is the likeliest outcome.

  Read article

 | 

  Read PDF

The forces behind rising housing prices

Whitepaper

The housing market may soften from its current highs but won't alter our outlook for developed economies. Our analysis of the influence real estate will have on the global economy.

Our analysis on the likelihood an overvalued real estate market will trigger a recession.

  Read executive summary

 | 

  Read white paper

Market volatility: Perspective and resources

Article

While some clients can take volatility in stride, others can't. Market history and our coaching framework can help with potentially difficult conversations.

While some clients can take volatility in stride, others can't. Market history and our coaching framework can help with potentially difficult conversations.

  Read article

Global Macro Matters: Rising rates, flatter curve

Whitepaper

The U.S. yield curve continues to flatten. What could an inversion mean for the economy and investors?

The U.S. yield curve continues to flatten. What could an inversion mean for the economy and investors?

  Read executive summary

 | 

  Read white paper

Rising rates have not meant poor stock returns

Article

Chief Economist Joe Davis looks at how investors might fare as the Fed continues to raise short-term interest rates. While many believe rising rates are a harbinger of poor stock returns, history tells us otherwise.

Chief Economist Joe Davis looks at how investors might fare as the Fed continues to raise short-term interest rates.

  Read article

Is inflation heating up? Not really

Blog

Vanguard Chief Economist Joe Davis sees inflation warranting higher rates, but not too much higher.

Vanguard Chief Economist Joe Davis sees inflation warranting higher rates, but not too much higher.

Read blog  

What to do about rising interest rates?

Audio  |  Transcript available

In this 13-minute podcast, Josh Hirt of Vanguard Investment Strategy Group discusses how rising interest rates can affect bond funds and ETFs, and how advisors can use a metric called duration to help match interest rate risk with their clients' time horizon.

In this 13-minute podcast, Josh Hirt of Vanguard Investment Strategy Group discusses how rising interest rates can affect bond funds and ETFs.

  Listen to audiocast

 | 

  Read transcript

New Fed chair, new challenge

Blog

Vanguard Global Chief Economist Joe Davis sees market conditions warranting higher rates, but not too much higher.

Vanguard Global Chief Economist Joe Davis sees market conditions warranting higher rates, but not too much higher.

Read blog  

Our global chief economist sees potential inflation risk

Article

Vanguard Chief Economist Joe Davis discusses volatility, inflation, stock valuations, and the Fed's next moves.

Vanguard Chief Economist Joe Davis discusses volatility, inflation, stock valuations, and the Fed’s next moves.

  Read article

2018 Economic and market outlook: Rising risks to the status quo

Article

What are the biggest threats to the global economy and markets? In its annual global economic and market outlook, Vanguard outlines its long-term expectations for growth, inflation, monetary policy, and more.

What's the most pronounced risk to the global economy and markets? Vanguard's economic experts share our 2018 economic and market outlook.

  Read article

Inside Fixed Income: Why rates will likely remain low

Article

The 2017 Inside Fixed Income conference offered advisors an opportunity to hear two of Vanguard's top fixed income experts, Anne Mathias and Chris Alwine, offer their thoughts on future inflation and the potential for interest rate increases.

The 2017 Inside Fixed Income conference offered advisors an opportunity to hear from two of Vanguard's top fixed income experts, Anne Mathias and Chris Alwine.

  Read article

An adversary in the fight for 2% inflation

Blog

Why is inflation so low? Joe Davis examines the growing deflationary effects of Moore’s Law.

Why is inflation so low? Joe Davis examines the growing deflationary effects of Moore’s Law.

Read blog  

Phase Two of Fed policy normalization: Entering trickier waters

Blog

Federal Reserve policymakers will meet again next week. Our chief global economist previews what we might see from the Fed.

Federal Reserve policymakers will meet again next week. Our chief global economist previews what we might see from the Fed.

Read blog  

Vanguard's look ahead at the next steps for Fed policy

Article

Rate hikes aren't the only aspect of Fed policy with significance for investors. Our experts discuss the sensitive task of the Fed lightening its balance sheet.

Rate hikes aren't the only aspect of Fed policy with significance for investors. Our experts discuss the sensitive task of the Fed lightening its balance sheet.

  Read article

A new policy season in the United States

Blog

Our global chief economist outlines possible policy changes from the Federal Reserve and Capitol Hill.

Our global chief economist outlines possible policy changes from the Federal Reserve and Capitol Hill.

Read blog  

Using bonds in a low-interest-rate environment

Video  |  Transcript available

How might bonds be useful in the current low-interest-rate environment? It's all about their diversification value. Joe Davis, Vanguard's global chief economist and head of Vanguard Investment Strategy Group, shares insights into bond investing in this 4-minute video.

Joe Davis, Vanguard's global chief economist, shares insights to using bonds in a low-interest-rate environment in this 4-minute video.

  Watch video

 | 

  Read transcript

We’re not going back to the ‘80s, but expect the Fed to raise rates

Blog

Expect a rate hike from the Fed. Have the growth rates of the ‘80s returned? Our global chief economist gives his perspective.

Expect a rate hike from the Fed. Have the growth rates of the ‘80s returned? Our global chief economist gives his perspective.

Read blog