Insights

Market perspectives: February 2022

February 1, 2022 | Vanguard Perspective Key highlights Asset-class return outlooks The greatest change in our outlooks from the June 30 running of the Vanguard Capital Markets Model® (VCMM) was in emerging markets equities. Large price declines in the intervening months lowered valuations, which are reflected in a 10-year forecast range that is 60 basis points higher in the September

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Market perspectives: December 2021

December 1, 2021 | Vanguard Perspective Key highlights Asset-class return outlooks The greatest change in our outlooks from the June 30 running of the Vanguard Capital Markets Model® (VCMM) was in emerging markets equities. Large price declines in the intervening months lowered valuations, which are reflected in a 10-year forecast range that is 60 basis points higher in the September

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Market perspectives: November 2021

November 2, 2021 | Vanguard Perspective Key highlights Asset-class return outlooks Our 10-year, annualized, nominal return projections, as of June 30, 2021, are shown below. Please note that the figures are based on a 1.0-point range around the rounded 50th percentile of the distribution of return outcomes for equities and a 0.5-point range around the rounded 50th percentile for fixed

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Market perspectives: October 2021

September 27, 2021 | Vanguard Expert Perspective Key highlights Asset-class return outlooks Our 10-year, annualized, nominal return projections, as of June 30, 2021, are shown below. Please note that the figures are based on a 1.0-point range around the rounded 50th percentile of the distribution of return outcomes for equities and a 0.5-point range around the rounded 50th percentile for

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Market perspectives: September 2021

September 1, 2021 | Vanguard Perspective Key highlights Asset class return outlooks Our 10-year, annualized, nominal return projections, as of June 30, 2021, are shown below. Our outlooks for both equity and fixed income returns are, for the most part, marginally lower compared with our outlooks based on our previous running of the Vanguard Capital Markets Model®, on March 31,

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Market perspectives: August 2021

July 29, 2021 | Vanguard Perspective Special edition: Market perspectives August 2021 This month’s perspectives includes more charts and deeper discussions of our market and economic assessments. Key highlights Asset-class return outlooks Our 10-year, annualized, nominal return projections are shown below. The bolded figures reflect a May 31, 2021, running of the Vanguard Capital Markets Model® (VCMM) for broad equity

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