VT News and Press, Vanguard Total World Stock Index From 06/24/21

PIMCO’s baseline outlook for the cyclical horizon has the global economy continuing its uneven recovery before shifting to a more moderate pace of above-trend growth in 2022. With the pandemic receding across much of the world, policy support has also likely peaked and will tur...

Global capital is all in with record leverage on growth and inflation bets. But is the consensus confident, or have they just stopped thinking? While monetary and fiscal funds have drowned the financial system, transmission through the real economy has failed because the cash flows ar...

This two-part series examines the relatively low birth rates in the U.S. and several European and Asian nations, as well as the high birth rates in Africa. The assumed economic implications of low birth rates are fairly dire. I believe some societies can overcome those implications an...

This two-part series will examine the relatively low birth rates in the U.S. and several European and Asian nations, as well as the high birth rates in Africa. The assumed economic implications of low birth rates are fairly dire. I believe some societies can overcome those implication...

Vanguard Total World Stock ETF (VT) - $0.5049.Payable Jun 24; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Vanguard Total World Stock ETF declares quarterly distribution of $0.5049

We formally neutralized the influence of two macro themes centered on global protectionism and Chinese growth. European populism was reduced as a significant headwind to valuation opportunities. With fewer headwinds, there may be a less obstructed path for price to gravitate towar...

Last year's pandemic crisis U-trip took just 128 days - significantly less than the long-term average, despite a once-in-a-generation healthcare crisis. While the recovery speed has varied, the global economy is clearly on the mend. We believe that the next phase of the reopening/...

U.S. core inflation accelerated by 3.8% on a year-over-year basis during May per the Bureau of Labor Statistics’ consumer price index. Two of the sectors with the highest price increases during May were the automobile industry and the airline industry. Zeroing in on the equ...

The 5% US year over year inflation print (CPI) for May was the highest since August 2008 - the last cycle peak. Treasury prices are continuing to rally - compared with the end of May, the US 10-year Treasury yield is today 1.47 from 1.58, and the Canadian 10-year is 1.40 from 1.50. ...

With input costs rising sharply, the rise in consumer price inflation has only just begun. As shortages and supply chain disruptions are priced through to consumers, goods inflation is set to trend higher. We still believe the impact will be temporary, but in the US less so than i...