Consider High-Quality Bonds if a Recession Doesn’t Hit This Year
September 06, 2023 at 12:02 PM EDT
Vanguard entered 2023 forecasting that a recession would hit the U.S. this year. Now, the firm has pushed out the timeline for a U.S. recession to 2024. Vanguard is now estimating that the labor market will remain strong in 2023. Plus, inflation will be “sticky and well above the Fed’s target.” This will lead the [...] The post Consider High-Quality Bonds if a Recession Doesn’t Hit This Year appeared first on ETF Trends .
