Making sense of stock market roundabouts

Dramatic market swings, US Federal Reserve deliberations and discouraging data from China have made headlines in Australia and around the world in recent months. We asked Vanguard’s global chief economist, Joseph Davis, for his perspective. Since the global financial crisis, economic growth in many developed countries has been modest, while share markets in New York Read more…

Gold: Some Safe Haven

Gold is frequently cited in the media as a safe haven asset that offers stability in a diversified portfolio and an anchor in uncertain times. The reality, however, frequently falls short of the billing. By the end of 2012, after a dozen consecutive years of price gains by gold, many analysts were rewriting the record Read more…