VT News and Press, Vanguard Total World Stock Index From 03/09/22

Structurally, there's a lot to admire about Sweden. The Swedish central bank may have to abandon its dovish policy ahead of schedule and this could aid the Krone which looks relatively oversold. Russia and Ukraine account for less than 2% of Swedish imports and exports. EWD ha...

Worldwide manufacturing growth picked up in February after being subdued to a 1.5-year low in January due to the Omicron wave. The JPMorgan Global Manufacturing PMI rose from a 15-month low of 53.2 in January to 53.6 in February in a sign that the global economy continued to show enco...

Although I am working with obviously incomplete and biased information, I view the possibility of the cessation of hostilities within a few weeks to be unlikely. The sanctions, war disruptions, and a Western private sector that is cutting ties to Russia means that we are facing an ext...

When it comes to the Ukraine invasion and its impact on markets, what are the views of asset managers around the world? In discussions with managers, it appears that most thought that a full invasion was highly unlikely. While the base forecasts for many managers may not have chan...

The Russian stock market collapse has been jaw dropping with a near 80% loss in just a matter of weeks. Here are some important lessons we can all learn from this epic catastrophe. We often talk about diversification in an allocation sense, but less so in a location sense or even an i...

The current environment looks to be a realignment of geopolitical expectations across Europe. The rapid and coordinated efforts of Western nations demonstrate this realignment. The monetary path of central banks is changing and an important dynamic to monitor. For further de...

The $24+ billion global fund has been trying to bottom. When it does, it will have a wall of overhead resistance to overcome before new highs can be seen once more. We remain bullish for the reasons outlined below but recommend that investors remain nimble when investing in this n...

The significant volatility seen in the stock market recently from the Russian war/invasion of Ukraine is further evidence of how this fear dynamic can create short-term panics. Russia is more than a rounding error because the country accounts for about 11% of global energy production....

The JPMorgan Global Manufacturing PMI rose from a 15-month low of 53.2 in January to 53.6 in February. The relative weakness of February's global output growth by historical standards contrasted with a more robust expansion of order books recorded during the month. The reduction i...

Financial markets are reacting as expected to the heightened uncertainty. In the first days of the invasion, global equities plunged while safe-haven assets rallied. In short, while we have anticipated a broader, cyclical turn against the dollar could be underway, this shift in favor ...