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A Strong Economy Doesn't Equal Strong Returns

There is effectively zero correlation over long periods of time between a country's GDP growth and stock market returns, according to Vanguard chief economist Joe Davis.

Christine Benz: Hi, I'm Christine Benz from Morningstar. Investors often believe that strong economic growth will fuel strong stock market growth. But some recent research casts doubt on that idea. I sat down with Vanguard's chief economist Joe Davis to discuss some recent findings on this topic.

Joe, thank you so much for being here.