Bond markets are jittery about the potential for sudden central bank action in response to elevated inflation. If the Fed and the ECB react sooner than expected, many emerging market assets would be among the first to suffer. A look at risks and opportunities in the current environment.
Get Vanguard's latest views on monetary policy, recession risk, trade, unemployment and inflation.
As monetary policy loosens, global bond yields are likely to rise, but only modestly.
Find out why we remain relatively sanguine about the outlook for inflation in both the UK and euro zone.
In a turnaround from the past ten years, we expect US value stocks to outperform US growth stocks over the next decade.
Vanguard’s global chief economist, Joe Davis, explains what’s behind a forthcoming rise in US core inflation and examines what the threat of persistent higher inflation might mean for investors.