Vanguard economic and market update

25 November 2020 | Markets and Economy

 Print

 Vanguard economic and market update

Vanguard's key points:

  • Investor confidence has been boosted in November by news that two Covid-19 vaccine candidates have shown promise, but immense economic challenges still remain.
  • Vanguard expects the UK and euro-area economies to contract in the fourth quarter as tighter restrictions are imposed to tackle the second wave of the virus.
  • China, by contrast, remains on course to be the world’s only major economy to reach pre-pandemic trend levels of growth by the end of the year.
  • Vanguard sees a trade agreement between 15 Asia-Pacific nations as a step towards deepening regional economic integration.

 

investor-briefing-series

 


IMPORTANT INFORMATION

For professional investors only (as defined under the MiFID II Directive) investing for their own account (including management companies (fund of funds) and professional clients investing on behalf of their discretionary clients). In Switzerland, this document is directed at professional investors and should not be distributed to, or relied upon by retail investors.

The material contained in this document is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information in this document does not constitute legal, tax, or investment advice. You must not, therefore, rely on the content of this document when making any investment decisions.

The material contained in this document is for educational purposes only and is not a recommendation or solicitation to buy or sell investments.

Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority. Issued by Vanguard Investments Switzerland GmbH.

© 2020 Vanguard Asset Management, Limited. All rights reserved.

© 2020 Vanguard Investments Switzerland GmbH. All rights reserved.

 Print