Investigating fundamental shifts in the global economy

Vanguard’s “Megatrends” series investigates
fundamental shifts in the global economic landscape that are likely to affect the financial services industry and broader society.

AI, demographics and the US economy: Quantifying the coming tug of war

In our latest installment, our data-driven analysis looks at how AI and demographic shifts are poised to define our economic future.

Megatrends

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AI demographics and the US economy

Will AI transform the way we live?

Vanguard’s global chief economist, Joe Davis, explores the potential impact of artificial intelligence (AI) on our day-to-day lives as part of our new Megatrends research report.

Introducing the Vanguard Megatrends Model

The Vanguard Megatrends Model features three innovative criteria to quantify long-term economic forces:

A uniquely long and rich dataset that captures historical shifts in megatrends across the US and globally.

An integrated framework that allows long-term megatrends and shorter-term cyclical and policy variables to compete in explaining economic and financial outcomes.

An identification strategy that isolates the distinct structural drivers behind each megatrend - the fiscal or technological forces that may have differing impacts on real GDP growth, the nominal federal funds rate, inflation and the earnings yield.

Vanguard Investment Symposium

Hear from Joe Davis, Vanguard Global Chief Economist, Sara Devereux, Global Head of Vanguard Fixed Income Group, and other senior Vanguard thought leaders at this webinar series as they share their views on the global economy, central bank policy, equity and bond markets, and more.

Watch on-demand

Investment risk information

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

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The information contained herein 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 does not constitute legal, tax, or investment advice. You must not, therefore, rely on it when making any investment decisions.

The information contained herein is for educational purposes only and is not a recommendation or solicitation to buy or sell investments.

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