leading economist

Vanguard flips the script on a 60/40 investment strategy

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Vanguard flips the script on a 60/40 investment strategy

Vanguard is singing a new tune for investors in 2026. It goes like this: Out with the standard portfolio mix of 60% equity and 40% fixed income. In the opposite – 40% equity share (20% US stocks and 20% international stocks) and 60% fixed income. “This is a significant change,” Roger Aliaga-Diaz, Vanguard’s global head … Read more

Top economist Mark Zandi warns of so many Americans ‘already living on the financial edge’ in a K-shaped economy

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Top economist Mark Zandi warns of so many Americans ‘already living on the financial edge’ in a K-shaped economy

Mark Zandi is worried that the labor market no longer has a buffer. So many Americans are “already living on the financial edge,” said the chief economist for Moody’s Analytics. Fortune. If they start to pull back, that’s “fodder for a recession.” The stark assessment comes as hiring has stalled, unemployment is rising—especially for the … Read more