Macro Economy
A collection of 32 posts
Fleeting Flight to Safety
Investors sought safety back in 2011 when U.S. Treasury bonds were downgraded from AAA to AA by S&P. How are markets reacting this time around?
Danger Ahead?
Looking at the debt ceiling (and potential default) as an investor, not a politician.
Weathering Government Shutdowns
With the U.S. government’s finances bumping up against the debt ceiling, I’m (not surprisingly) hearing from concerned investors on both sides of the political aisle asking what this means for our investments. First, we’ve been here before. And it’s important to recognized that we’ve
A Most Challenging Year
2022 MARKET REVIEW: For conservative investors, 2022 was as difficult as 2008's Global Financial Crisis.
Just Keep Going
2023 OUTLOOK: I'm on recession watch but still expect stocks to gain ground.
How Clear Is Vanguard’s Crystal Ball?
Vanguard’s annual economic and market outlook has just been published and will no doubt garner some interest in part because it runs to almost 60 pages—long enough to suggest that it must be right. But quantity doesn’t always equal quality or accuracy! So, if you’re going