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<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>Wed, 01 May 2013 13:17:27 EDT</pubDate>
<copyright>The Vanguard Group</copyright>
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<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>
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<itunes:name>The Vanguard Group</itunes:name>
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<title>Year-end tax strategies in light of the &#34;fiscal cliff&#34;</title>
<link>http://vanguard.vo.llnwd.net/o1/EXT/SH/IC/2148_PodICTaxPlanning12112012.mp3</link>
<pubDate>Wed, 12 Dec 2012 15:50:51 EDT</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>11:36</itunes:duration>
<itunes:keywords>tax, fiscal cliff, dickson</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>With the &#34;fiscal cliff&#34; on the horizon, year-end tax planning is a little more complicated than usual this year. Vanguard senior investment analyst Joel Dickson discusses how to think about capital gains, losses, and distributions.</itunes:summary>
<description>With the &#34;fiscal cliff&#34; on the horizon, year-end tax planning is a little more complicated than usual this year. Vanguard senior investment analyst Joel Dickson discusses how to think about capital gains, losses, and distributions.</description>
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<title>Inflation: The long and short of TIPS</title>
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<pubDate>Wed, 14 Nov 2012 09:53:28 EDT</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>10:49</itunes:duration>
<itunes:keywords>tips, treasury inflation-protected securities, thomas</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Chuck Thomas, an analyst in Vanguard&#039;s Investment Strategy Group, describes Vanguard&#039;s current outlook on inflation, as well as how inflation protection securities can be incorporated in a portfolio. He explains the differences between short-term and long-term TIPS and the tradeoffs of choosing one over the other. </itunes:summary>
<description>Chuck Thomas, an analyst in Vanguard&#039;s Investment Strategy Group, describes Vanguard&#039;s current outlook on inflation, as well as how inflation protection securities can be incorporated in a portfolio. He explains the differences between short-term and long-term TIPS and the tradeoffs of choosing one over the other. </description>
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<title>A closer look at Vanguard money market funds</title>
<link>http://vanguard.vo.llnwd.net/o1/EXT/SH/IC/2146_MoneyMarkets10102012.mp3</link>
<pubDate>Thu, 11 Oct 2012 12:04:22 EDT</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>11:04</itunes:duration>
<itunes:keywords>money market, money funds, glocke, hammer, fixed income</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>David R. Glocke of Vanguard Fixed Income Group and Sarah D. Hammer of Vanguard Investment Counseling &amp;amp; Research discuss proposals to reform the money market sector. They also highlight some of the key management principles behind Vanguard&#039;s money market funds.</itunes:summary>
<description>David R. Glocke of Vanguard Fixed Income Group and Sarah D. Hammer of Vanguard Investment Counseling &amp;amp; Research discuss proposals to reform the money market sector. They also highlight some of the key management principles behind Vanguard&#039;s money market funds.</description>
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<title>Municipal bonds: Lessons from California</title>
<link>http://vanguard.vo.llnwd.net/o1/EXT/SH/IC/2145_LessonsfromCalifornia09112012.mp3</link>
<pubDate>Thu, 13 Sep 2012 14:07:59 EDT</pubDate>
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<itunes:duration>10:20</itunes:duration>
<itunes:keywords>D&#8217;Arcy, muni, municipal, California, bankruptcy</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Vanguard muni bond fund manager James D&#039;Arcy addresses California&#039;s fiscal woes and says we don&#039;t expect a national surge in municipal bankruptcies.</itunes:summary>
<description>Vanguard muni bond fund manager James D&#039;Arcy addresses California&#039;s fiscal woes and says we don&#039;t expect a national surge in municipal bankruptcies.</description>
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<title>Global fiscal concerns</title>
<link>http://vanguard.vo.llnwd.net/o1/EXT/SH/IC/2137_ICIGlobalFiscalConcern.mp3</link>
<pubDate>Tue, 07 Aug 2012 05:56:50 EDT</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>10:09</itunes:duration>
<itunes:keywords>global,economy,davis,lemco,euro,eurozone,debt</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>The economic challenges in the Eurozone and the ambiguity surrounding U.S. fiscal policy have cast a shadow over market activity. In our latest analysis, Vanguard experts discuss the impact of the euro&#039;s recent challenges and whether investors should consider changing their strategies.</itunes:summary>
<description>The economic challenges in the Eurozone and the ambiguity surrounding U.S. fiscal policy have cast a shadow over market activity. In our latest analysis, Vanguard experts discuss the impact of the euro&#039;s recent challenges and whether investors should consider changing their strategies.</description>
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<title>A funny thing happened on the way to the muni meltdown</title>
<link>http://vanguard.vo.llnwd.net/o1/EXT/SH/IC/2143_MuniBonds06132012.mp3</link>
<pubDate>Thu, 14 Jun 2012 14:07:48 EDT</pubDate>
<itunes:author>Vanguard</itunes:author>
<itunes:block>no</itunes:block>
<itunes:duration>6:32</itunes:duration>
<itunes:keywords>municipal bonds, munis, wallick, bonds</itunes:keywords>
<itunes:subtitle>An episode from Vanguard&#8217;s Investment Commentary podcast series</itunes:subtitle>
<itunes:summary>Investors who followed the herd out of the municipal bond market in 2011 missed a rally, not the decline many anticipated. Senior investment analyst Daniel Wallick explains why investor fears were misplaced.</itunes:summary>
<description>Investors who followed the herd out of the municipal bond market in 2011 missed a rally, not the decline many anticipated. Senior investment analyst Daniel Wallick explains why investor fears were misplaced.</description>
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