Vanguard
Vanguard's 2026 Outlook: A Decade of Modest Returns for U.S. Stocks Amidst AI Exuberance
Valley Forge, PA – December 10, 2025 – Vanguard, one of the world's largest investment management companies, has today released its much-anticipated "Vanguard Economic and Market Outlook 2026," painting a picture of significantly more modest returns for U.S. equities over the next decade. The outlook, which draws