VTIP News and Press, Vanguard Short-Term Inflation-Protected Securities From 02/21/22

From a monetary perspective, the U.S. faces a gigantic, two-sided problem: a huge surplus of money and a lack of demand for all that money. Inflation expectations have now reached their highest point since the introduction of TIPS in 1997: 2.9%. I will be pleased if the Fed become...

Non-U.S. markets, including EM, DM, and Asia, are outperforming the U.S. markets after underperforming last year. After slightly underperforming growth last year, value is where the money is flowing. With the economy still in growth mode, cyclical stocks should do better than defe...

Geopolitical headlines will have helped, but front-end rates have more reasons to ease back from extremes. In the US, the Fed mulling MBS sales offers an alternate tightening avenue, and in the UK, the BoE's pushback against aggressive pricing should find a more prominent platform nex...

A lot of the heavy lifting of inflation protection comes more at a corporate level. Yields and treasuries are incredibly low. To participate in a market that should be reasonable as we go forward, but also defend against the risks of inflation that all of us are facing nowadays. ...

Over the last year, and especially over the last couple of weeks, many former high-flying growth names have underperformed massively. Inflation-protected value names have outperformed over the same time frame. This trend could remain in place: Many growth names are still expensive...

The bond market is still in a very confused state as the government and many high-grade companies can borrow at rates that are below the rate of inflation. Furthermore, the financial markets are in so much disorder now that any "tentative" Fed actions to stem inflation will fall far s...

All assets except commodities suffered losses in January 2022. The world is concerned about inflation. It is not transitory. Fighting inflation hurts the stock market. So does not fighting. For further details see: January Investment Losses Are Just The Beginning

The expected risk premium for the Global Market Index edged down in January from the previous month’s estimate. Using short-term momentum and medium-term mean-reversion market factors to adjust the forecast reduces GMI’s ex-ante risk premium to an annualized 5.4%. Th...

Vanguard Reports Expense Ratio Reductions for Active Equity and Bond Funds Investors saved estimated $4.4 million PR Newswire VALLEY FORGE, Pa. , Feb. 1, 2022 /PRNewswire/ -- Vanguard reported lower expense ratios for seven share classes of actively managed m...

With the market experiencing heightened volatility, investors and analysts would benefit from paying less attention to media noise and more to concrete leading indicators. No asset can perfectly predict stocks, but bonds are a great starting point since they're less prone to emotion-l...