Vanguard Warns Of Worsening Odds For The Economy And Markets

Ted

FYI: The chances of a recession by the end of 2020 are mounting. And the prospects for the American stock market in the next decade have worsened appreciably.

Those are prognoses, not facts. But they’re not just offhand projections, either. They are the sober assessments of Vanguard, the $5 trillion asset management firm. And they suggest that the current good times may amount to a reprieve: an opportunity to make sure that you are prepared for a storm.
Regards,
Ted
https://www.nytimes.com/2018/08/10/business/vanguard-recession-economy.html

expatsp

Good read. More level headed than the headline.

davidrmoran

>> To be clear, Vanguard isn’t predicting a recession; it is merely saying that the odds of one have risen. ... “You could also say the chance of a recession not occurring by the end of 2020 are 60 to 70 percent,” ....


Yawn. Be prepared. Etc. Okay, sure.

johnN

They been saying markey crash since2012

davidrmoran

Evan Horowitz is good but this is rudimentary

https://www.bostonglobe.com/business/2018/08/12/how-can-you-tell-there-recession-coming-one-sees/qlcDRKLhN4vjiqca0Lp71I/story.html