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