Vanguard’s $1.3 Trillion Blockchain Makes Bundesbank Look Foolish

vangaurd blockchain

By Vanguard, the world’s largest provider of mutual funds, is using blockchain to power their enterprise. The investing giant, which popularized mutual funds and exchange-traded funds (ETFs) for the common investor, has been using distributed ledger technology to manage $1.3 trillion worth of index funds, Forbes reports. Vanguard’s Blockchain Manages More Than $1 Trillion … Read more

3M Stock’s Collapse Deals Vanguard a $10 Billion Catastrophe

3M MMM stock

By 3M stock (MMM) plunged by 11 percent on Thursday after the $112 billion company unveiled disastrous first-quarter earnings, drastically slashed its full-year guidance, and announced that it would hand out pink slips to 2,000 employees as part of a radical restructuring plan. But while analysts will justifiably blame 3M for hamstringing the Dow … Read more

Vanguard CIO Greg Davis Just Issued a Dire Warning for the US Stock Market

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The odds of a recession are rapidly going up, and U.S. stock market investors need to be on notice. Vanguard CIO Issues Bleak Forecast for U.S. Stock Market Investors who’ve been rolling in the money because of the decade-long bull market may need to start making some adjustments to their strategies. That’s because of the … Read more