与此同时，在疫情后发达经济体国债收益率显著上升的环境下，债券投资者对财政"慷慨"的容忍度更 低。 美国情景分歧：最佳情形"更慢变坏"，失手则可能加速恶化 在美国，两位受访经济学家在"最佳情形"下预计，债务率可能在未来十年从当前约100%上升得更慢， 至约120%。另有一位认为变化不大。 AI若带来生产力跃升，可能为高债务发达经济体争取时间，但不足以独自扭转债务率上行趋势，财政 整顿仍取决于人口结构、税收与支出选择。 据路透2月27日报道，经合组织（OECD）与三位经济学家向路透分享的初步估算显示，AI若在长期推 升劳动生产率并带动就业，将使OECD国家债务负担相对基线预测有所缓解，但幅度有限。 多位专业人士表示，AI对财政税收与支出两端均存"反作用力"。分配问题可能带来税收下滑，而平均工 资上涨可能带来社会保障支出的上升。 对市场而言，AI带来的增长或可暂时减轻债券投资者对财政的审视压力，但评级机构与多位受访者强 调，不确定性仍高，且一旦衰退先于生产力红利兑现，融资成本上行可能让债务问题更快回到聚光灯 下。 债务压力已成"硬约束"，AI更多是延缓而非逆转 路透援引经济学家观点称，如果AI生产力繁荣兑现，的确可 ...

Core Insights - Vanguard Utilities Index Fund ETF (VPU) has shown strong performance since the beginning of the year, driven by the increasing electricity demand from data center infrastructure [1] Group 1: Performance Analysis - The strong performance of VPU is attributed to the growth in electricity demand, particularly from data centers [1]

The Vanguard Mega Cap Value Index Fund ETF ( MGV ) is positioned for outperformance in 2026, and signs of MGV doing better than a broad growth play like SPY have already started emerging. As markets started to consolidate last October, MGV has continuedI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vi ...

International stocks roared back in 2025 with many major global indexes returning more than 20% last year. Some countries even gained more than 50%. That's not to say there's no more opportunity for international investors, though.As countries continue to focus on growth, and as government spending picks up around the world, supporting their local economies, there's plenty of opportunity left for stock market growth. Investors should be selective in choosing an international ETF. Avoid those with high fees, ...

Peter Mallouk, the billionaire CEO of wealth management firm Creative Planning, says AI isn't like any past technology cycle — it's far more transformational, and that calls for investors to take action in their portfolios. Mallouk told Business Insider that he's convinced AI is more impactful than other technological advancements by a long-shot, and the change it creates will likely be permanent. "I think it's more than the internet, where the internet made everybody more efficient, or Microsoft with all t ...

A 20-year-old who just landed their first real job recently posed a simple question online: “Is the ‘S&P 500 and Chill’ strategy still viable in 2026, or am I missing something?” With $500 a month ready to invest, the young worker said on Reddit’s r/investingforbeginners that their dad advised dumping everything into a low-cost S&P 500 fund like Vanguard S&P 500 ETF (NYSE:VOO) or State Street SPDR S&P 500 ETF Trust (NYSE:SPY) and forgetting about it for 30 years. But with AI reshuffling the biggest compan ...

Recession fears are on the rise, and many investors are beginning to lose confidence in the market. Weekly surveys from the American Association for Individual Investors show that investors are becoming less optimistic about the future. In mid-January 2026, around 50% of survey participants felt "bullish" about the market. That figure has steadily dropped since then, now with only 35% of investors feeling optimistic. Will AI create the world's first trillionaire? Our team just released a report on the on ...

The S&P 500 has traded sideways in 2026, but several international stock markets have already notched double-digit gains.Many experts believe President Trump's tariffs will hurt the U.S. economy. Several recent studies say U.S. businesses and consumers have borne most of the costs, and there is no reason to think that will change. While the Supreme Court recently struck down some of the duties, Trump has replaced them with a 10% global tariff.Uncertainty about the economic impact has motivated some investor ...

Core Insights - The Vanguard Value ETF (VTV) has outperformed the S&P 500 ETF and Total Stock Market ETF in 2026, returning 7.7% year-to-date compared to 1.5% and 1.8% respectively [1] - The ETF focuses on large-cap value stocks, with its top 10 holdings representing only 20.8% of its assets, contrasting with the S&P 500 ETF's 34% concentration in the "Magnificent 7" stocks [1] - The performance divergence is attributed to a market rotation away from mega-cap tech stocks, which have underperformed in 2026 [1] ETF Performance - Vanguard Value ETF returned 7.7% year-to-date in 2026, while the S&P 500 ETF returned 1.5% and the Total Stock Market ETF returned 1.8% [1] - The Magnificent 7 stocks, including Microsoft and Nvidia, have seen significant declines, with Microsoft down 18% and Nvidia up only 5.6% [1] - The median S&P 500 stock has risen approximately 6.8%, indicating broader market strength outside of the largest tech stocks [1] Holdings and Sector Allocation - The Vanguard Value ETF tracks the CRSP US Large Cap Value Index and holds around 312 stocks, focusing on traditional value sectors rather than high-growth momentum [1] - The top holdings include JPMorgan Chase (3.25%), Berkshire Hathaway (3.04%), and Exxon Mobil (2.42%), with no single stock dominating the portfolio [1] - Sector allocations include financial services (22%), industrials (16.7%), healthcare (14.3%), and consumer discretionary (9.1%), benefiting from gains in these areas amid a shift away from tech [1] Investment Strategy - The Vanguard Value ETF's low expense ratio of 0.03% supports long-term compounding and minimizes costs for investors [1] - The ETF provides a defensive core for portfolios, emphasizing undervalued large-cap stocks with solid fundamentals across multiple sectors [1] - In a market environment vulnerable to momentum-driven concentration risks, the Value ETF offers a balanced, low-cost way to maintain equity exposure [1]

Is your gut telling you there's just something not quite right about the market at this time? If so, you're not imagining things: Too many stocks are overvalued as well as technically overbought. It also feels like a few too many companies are vulnerable to some sort of economic turbulence ahead, even if we don't know what turbulence might be brewing. Be wary of coming to sweeping generalizations about "the market," though. It's not every stock. Indeed, you may already realize that most mid-caps don't br ...