Vanguard’s McNabb Sees ‘Modest’ Decade for U.S. Stocks



Jan.17 — F. William McNabb, Vanguard Group’s chairman, expects even further growth this year driven by Vanguard’s infiltration in emerging markets but gets concerned that the U.S. equity market is becoming “irrational” and the rampant cryptocurrency speculation may lead to “idiosyncratic” risk, as he told Bloomberg in an exclusive interview in Beijing.

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12 Thoughts to “Vanguard’s McNabb Sees ‘Modest’ Decade for U.S. Stocks”

  1. yin ng

    Wall Street already had jacked up the S&P from 10000 pt year of 2009 low for just QE money printing alone. Now the real growth is starting sizable, why shouldn’t they yank it up much higher on? The fear of left out and greed is way greater than fear of anything else.

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