<?xml version="1.0" encoding="ISO-8859-1"?>
<!--  To subscribe to this Vanguard podcast, copy the URL for this page from your browser's address bar above and paste it into the subcription field in your podcasting software.  -->
<rss xmlns:itunes="http://www.itunes.com/DTDs/Podcast-1.0.dtd" version="2.0">
<channel>
<link>http://rss.vanguard.com/pod/investment.xml</link>
<title>Vanguard: Investment Commentary</title>
<description>A monthly series offering perspectives on events and trends affecting the economy, the financial markets, and investment management.</description>
<pubDate>Thu, 19 Nov 2009 10:06:15 EST</pubDate>
<copyright>The Vanguard Group</copyright>
<ttl>15</ttl>
<itunes:author>Vanguard</itunes:author>
<author>Vanguard</author>
<itunes:subtitle>Investment Commentary is a monthly podcast series from Vanguard</itunes:subtitle>
<itunes:summary>A monthly series offering perspectives on events and trends affecting the economy, the financial markets, and investment management.</itunes:summary>
<description>A monthly series offering perspectives on events and trends affecting the economy, the financial markets, and investment management.</description>
<itunes:owner>
<itunes:name>The Vanguard Group</itunes:name>
<itunes:email>plaintalk@vanguard.com</itunes:email>
</itunes:owner>
<language>en-us</language>
<itunes:block>no</itunes:block>
<itunes:category text="Business">
	<itunes:category text="Investing"/>
	<itunes:category text="Finance"/>
</itunes:category>
<image>
<link>http://personal.vanguard.com/us/home</link>
<title>The Vanguard Group</title>
<url>http://personal.vanguard.com/web/frsh_images/vanguard_IC_300x300.jpg</url>
<height>300</height>
<width>300</width>
</image>
<item>
<title>Bond market developments</title>
<link>https://personal.vanguard.com/web/audio/PodICBonds09092009.mp3</link>
<pubDate>Wed, 09 Sep 2009 13:58:19 EST</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>6:50</itunes:duration>
<itunes:keywords>auwaerter,bond, credit, recovery, economy, market, turmoil, trends, outlook, recovery, global</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Bob Auwaerter, head of Vanguard&#39;s fixed income operations, shares his thoughts on the economic recovery and the state of the bond and credit markets.</itunes:summary>
<description>Bob Auwaerter, head of Vanguard&#39;s fixed income operations, shares his thoughts on the economic recovery and the state of the bond and credit markets.</description>
<enclosure url="https://personal.vanguard.com/web/audio/PodICBonds09092009.mp3" length="" type="audio/mp3" />
<guid>https://personal.vanguard.com/web/audio/PodICBonds09092009.mp3</guid>
</item>
<item>
<title>The Fed&#039;s response to the financial crisis</title>
<link>https://personal.vanguard.com/web/audio/PodICFedResponseWessel08132009.mp3</link>
<pubDate>Thu, 20 Aug 2009 13:58:37 EST</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>14:38</itunes:duration>
<itunes:keywords>wessel, federal reserve, fed, economy, market, turmoil, trends, outlook, recovery, global</itunes:keywords>
<itunes:subtitle>A special episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>David Wessel, economics editor of The Wall Street Journal, discusses the Federal Reserve Board&#039;s response to the recent financial crisis. </itunes:summary>
<description>David Wessel, economics editor of The Wall Street Journal, discusses the Federal Reserve Board&#039;s response to the recent financial crisis. </description>
<enclosure url="https://personal.vanguard.com/web/audio/PodICFedResponseWessel08132009.mp3" length="" type="audio/mp3" />
<guid>https://personal.vanguard.com/web/audio/PodICFedResponseWessel08132009.mp3</guid>
</item>
<item>
<title>Will state budget woes drag on municipal bonds?</title>
<link>https://personal.vanguard.com/web/audio/PodICMuniBonds08122009.mp3</link>
<pubDate>Tue, 18 Aug 2009 18:40:16 EST</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>8:08</itunes:duration>
<itunes:keywords>alwine, municipal, bonds, state budget, economy, market, turmoil, trends, outlook, recovery, global</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Chris Alwine, head of Vanguard&#039;s municipal bond fund operations, provides his thoughts on the state of the muni bond market.</itunes:summary>
<description>Chris Alwine, head of Vanguard&#039;s municipal bond fund operations, provides his thoughts on the state of the muni bond market.</description>
<enclosure url="https://personal.vanguard.com/web/audio/PodICMuniBonds08122009.mp3" length="" type="audio/mp3" />
<guid>https://personal.vanguard.com/web/audio/PodICMuniBonds08122009.mp3</guid>
</item>
<item>
<title>The global economy: On the mend?</title>
<link>https://personal.vanguard.com/web/audio/PodICEconOutlookRet07212009.mp3</link>
<pubDate>Fri, 24 Jul 2009 18:39:09 EST</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>12:23</itunes:duration>
<itunes:keywords>davis,stocks,economy,markets,lemco,global</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Vanguard chief economist Joe Davis and global market analyst Jonathan Lemco discuss the economic outlook around the globe for the rest of 2009. (12:23)</itunes:summary>
<description>Vanguard chief economist Joe Davis and global market analyst Jonathan Lemco discuss the economic outlook around the globe for the rest of 2009. (12:23)</description>
<enclosure url="https://personal.vanguard.com/web/audio/PodICEconOutlookRet07212009.mp3" length="" type="audio/mp3" />
<guid>https://personal.vanguard.com/web/audio/PodICEconOutlookRet07212009.mp3</guid>
</item>
<item>
<title>Investing principles endure in uncertain markets</title>
<link>https://personal.vanguard.com/web/audio/PodICPrinciplesEndure06172009.mp3</link>
<pubDate>Wed, 17 Jun 2009 18:39:32 EST</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>9:11</itunes:duration>
<itunes:keywords>gordon, investing,retirement,diversification,asset allocation</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Catherine Gordon, head of Vanguard Institutional Advisory Services&#8482;, discusses asset allocation and diversification in the recent market downturn. (9:11)</itunes:summary>
<description>Catherine Gordon, head of Vanguard Institutional Advisory Services&#8482;, discusses asset allocation and diversification in the recent market downturn. (9:11)</description>
<enclosure url="https://personal.vanguard.com/web/audio/PodICPrinciplesEndure06172009.mp3" length="" type="audio/mp3" />
<guid>https://personal.vanguard.com/web/audio/PodICPrinciplesEndure06172009.mp3</guid>
</item>
</channel>
</rss>
