“We have got to get inflation behind us. I wish there were a painless way to do that. There isn’t.” So said Fed Chair Jerome Powell at his press conference yesterday. That wasn’t exactly what traders were hoping to hear.Read More »
The honeymoon is over. From its June 16 closing low, the S&P 500 index rallied 17.2% over two months—not exactly recovering its losses since hitting an all-time high on January 3, but certainly gaining significant ground toward that end. Then the Federal Reserve (Fed) took away the proverbial punchbowl.Read More »
"America's leading expert on investing in Vanguard funds"
Daniel P. Wiener is editor of The Independent Adviser for Vanguard Investors, a monthly newsletter that keeps abreast of recent developments at Vanguard, and the annual FFSA Independent Guide to the Vanguard Funds. Through his newsletter and guide book, Dan helps tens of thousands of Vanguard investors choose wisely among more than 100 Vanguard mutual funds. The Adviser is a five-time winner of the Newsletter Publishers Foundation's Editorial Excellence Award. View More »