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Resetting our Long-Term Expectations for the Markets as "Sound Money" Returns

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Manage episode 392849794 series 2836180
Content provided by Investopedia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investopedia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Joe Davis, Vanguard's Chief Global Economist, explains why the return of "Sound Money", with interest rates higher than the rate of inflation, will be good news for long-term investors, but will mean more muted returns for stocks than the past ten years. Plus, why he fears the Fed may cut too soon in 2024, bringing back memories of 1967. And, 2023 delivered some banner returns for certain stocks across sectors. Is this the beginning of new leadership in the stock market, or were those just last year's charms?

LINKS FOR SHOW NOTES

https://www.investopedia.com/what-can-investors-expect-for-the-economy-stock-market-bonds-and-crypto-in-2024-8414327

https://insight.factset.com/sp-500-cy-2024-earnings-preview-analysts-expect-double-digit-earnings-growth

https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8420755

https://www.investopedia.com/terms/j/januarybarometer.asp

https://investor.vanguard.com/investor-resources-education/news/vanguard-economic-market-outlook-2024-global-summary

https://corporate.vanguard.com/content/corporatesite/us/en/corp/what-we-think/bios.html

  continue reading

189 episodes

Artwork
iconShare
 
Manage episode 392849794 series 2836180
Content provided by Investopedia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investopedia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Joe Davis, Vanguard's Chief Global Economist, explains why the return of "Sound Money", with interest rates higher than the rate of inflation, will be good news for long-term investors, but will mean more muted returns for stocks than the past ten years. Plus, why he fears the Fed may cut too soon in 2024, bringing back memories of 1967. And, 2023 delivered some banner returns for certain stocks across sectors. Is this the beginning of new leadership in the stock market, or were those just last year's charms?

LINKS FOR SHOW NOTES

https://www.investopedia.com/what-can-investors-expect-for-the-economy-stock-market-bonds-and-crypto-in-2024-8414327

https://insight.factset.com/sp-500-cy-2024-earnings-preview-analysts-expect-double-digit-earnings-growth

https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8420755

https://www.investopedia.com/terms/j/januarybarometer.asp

https://investor.vanguard.com/investor-resources-education/news/vanguard-economic-market-outlook-2024-global-summary

https://corporate.vanguard.com/content/corporatesite/us/en/corp/what-we-think/bios.html

  continue reading

189 episodes

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