Retirement Data: Vanguard How America Saves

The following is from Vanguard's press release:

The 18th edition of How America Saves delivers a comprehensive analysis of the retirement savings behavior of 5 million participants in about 1,900 defined contribution (DC) retirement plans for which Vanguard provides recordkeeping services. Our data-rich report examines trends in how participants accumulate, manage, and access retirement savings.

2019 edition highlights

• 6 of 10 Vanguard participants were invested in a professionally managed allocation at year-end 2018. The growing use of target-date funds continues to drive this trend. 

June Market Update - Caution Mode

The S&P 500 finished May with a monthly loss of 6.58%. It ended the month at 2,752.06. Are you wondering what the mood in the market is at the beginning of June? Sovereign bond markets have your answer. In the U.S., the 10-year treasury yield dropped from 2.503% May 1 to 2.13% May 31. During the same period, the German 10-year moved from 0.016% to -0.20%. On May 24, Scott Minerd, Global Chief Investment Officer of Guggenheim Partners wrote, "We have seen how sensitive markets have been to the trade news. Sovereign bond yields around the world are sending an ominous message, which investors in risk assets ignore at great peril." Now, let's review price, sentiment, and valuation as we start June.