Why talk about a market downturn now? Why not?

Commentary by Andrew Patterson, Vanguard senior intercontinental economist

Vanguard thinks it is usually the correct time to speak about long-phrase investing. Now could be a especially superior time, nonetheless, with inventory markets near all-time highs and uncertainty all about. Far better to pulse-verify now than when markets are trending reduced and feelings are managing significant.

You might presently be asking yourself: Are we striving to brace buyers for the prospect of a sector downturn? The brief solution is no—and yes. “No” mainly because we can’t predict how the markets will conduct in the coming days, months, or even months. “Yes” mainly because we know that often-significant downturns are a offered in investing. Disciplined buyers acknowledge this and cling steadfastly to their targets to temperature the occasional storms.

The economy and markets are sending blended indicators

As my colleagues Josh Hirt, Alexis Grey, and Shaan Raithatha wrote not long ago, most

Read More