VEA News and Press, Vanguard FTSE Developed Markets From 05/10/23

2023-05-10 23:50:00 ET Summary A further acceleration of services sector growth pushed the pace of global expansion to a 16-month high in April. All major economies reported robust service sector growth, in all cases outperforming manufacturing which consequently remained broadly ...

2023-05-09 02:10:00 ET Summary Central bank hiking cycles in the developed world are slowly but surely coming to an end, raising the question of whether they have pulled off a soft landing. On the face of it, the answer to this question is a resounding no. Interest rates in Europe...

2023-05-05 15:19:00 ET Summary Trailing yields have increased for most of the major asset classes recently, based on a set of ETF proxies. The highest payout rate by far is still found in inflation-protected government bonds ex-US, which topped 9% over the past 12 months, accordin...

2023-05-02 11:00:00 ET Summary The expected long-run return for the GMI ticked down to a 5.9% annualized pace in April, fractionally lower vs. last month’s estimate. GMI represents a theoretical benchmark of the optimal portfolio for the average investor with an infinite ti...

2023-05-02 02:15:00 ET Summary Stock and bond markets ended the first quarter of 2023 with solid gains despite investor concerns. Gains in the stock and bond markets were primarily driven by a continued decline in interest rates, the rate of inflation, and surprisingly resilient e...

2023-05-01 16:13:00 ET Summary Vanguard Global ex-U.S. Real Estate Index headed the rallies last month, posting a strong 4.1% return in April. Vanguard Developed Markets Index Fund rose 2.6% in April, the second-best performer for April. The Global Market Index continued to re...

2023-04-24 11:45:00 ET Summary US-listed REITs posted the strongest gain for the major asset classes in last week’s mostly quiet trading, based on a set of ETF proxies. A key headwind for REITs is rising interest rates, which poses competition for the relatively high payout...

2023-04-22 02:25:00 ET Summary China’s GDP in the first quarter came in considerably stronger than expected, raising hopes for the global economy and equity markets. The economic rebound in the first quarter, at 4.5% y/y, was led by the domestic consumption and services sec...

2023-04-21 03:00:00 ET Summary China has inked deals with countries like Brazil to trade in either the Chinese yuan or the Brazilian real directly, thereby bypassing conversion to the dollar. The amount of sovereign debt denominated in US dollars (liabilities of non-US central ban...

2023-04-17 16:03:00 ET Summary Vanguard Developed Markets Index Fund rose 2.1% in last week’s trading. Vanguard European Stock Index Fund is up 14.4% year-to-date, more than double the 2023 gain for Vanguard Pacific Stock Index Fund. For the one-year trend, developed ma...