We're pleased to share some highlights from Vanguard's May 2021 Market Perspectives, along with a link to the full article.
- Vanguard is optimistic that growth will continue to pick up in the U.S. as the vaccine rollout continues, but the euro area will lag behind.
- Core inflation will temporarily bump up above 2% in the second quarter, but long-term structural trends that have kept inflation low for more than a decade will continue to limit price increases.
- Vanguard's long-term return projections show value stocks in the U.S. with higher expected returns than growth stocks, and international stocks having higher expected returns than U.S stocks.
David Rappaport, CFP®
David is the Co-Founder and Chief Investment Officer of Rappaport Reiches Capital Management. He acts as personal CFO to entrepreneurs and corporate executives, providing organization and clarity in their finances. Please connect with David below. He loves to talk about investing, financial planning, and Aspiritech, a non-profit hiring individuals on the autism spectrum.
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