
- 227 pages
- English
- PDF
- Available on iOS & Android
About this book
An expertly crafted evaluation of forces shaping the economy over the coming decade and portfolio management strategies designed to harness them
In Coming Into View: How AI and Other Megatrends Will Shape Your Investments, Vanguard's Global Chief Economist and head of its Investment Strategy Group, Joe Davis, makes a simple and profound argument: that the "status quo" view of the United States economy – one of predictable and relatively constant measures of growth, inflation, and financial returns – is actually deeply unlikely to hold true in the future. The book demonstrates how the promise of artificial intelligence and technological advancement may push against the daunting headwinds of slowing population growth, rising geopolitical tensions and growing national debt, to reshape the economy in ways that conventional thinking overlooks. Davis presents an innovative and original, data-driven framework to consider the probabilities of the coming tug-of-war between AI-fueled growth and inflationary structural fiscal deficits, that can help guide investors as they build investment portfolios to weather uncertain years ahead.
Inside the book:
- Effective strategies for investors attempting to prepare for different economic possibilities and scenarios in the world.
- New data and models to better quantify the impact of economic forces and uncover the risks of relying on consensus assumptions.
- Techniques to avoid common investment mistakes in times of economic change, such as doubling down on technology stocks, or avoiding certain types of investments.
- Guiding investing principles to help achieve greater financial returns, on a risk-adjusted basis.
A must-read resource for professional and retail investors, Coming Into View is a startlingly insightful and practical guide for anyone seeking to engage with the financial markets as an informed and confident investor.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Title Page
- Copyright Page
- Contents
- Preface
- Chapter One: Challenging My Own Assumptions
- Chapter Two: AI and Two Simple Truths
- Chapter Three: the Fallacy of Globalization’s Retreat
- Chapter Four: Not Destiny, Just Demographics
- Chapter Five: Government Debt and Deficits: One Matters More
- Chapter Six: Megatrends Around the World
- Chapter Seven: The Tug-of-War: AI vs. Fiscal Deficits
- Chapter Eight: Preparing For the Tug-of-War: Principles vs. Dogma
- Chapter Nine: A Victor’s Portfolio, Act I: Divide and Conquer
- Chapter Ten: A Victor’s Portfolio, Act II: Choose Wisely
- Chapter Eleven Conclusion
- Appendix: Framework Details for the Interested Reader
- Acknowledgments
- Index
- Eula