Joe Davis, Vanguard's global chief economist, believes the U.S. economy is in decent shape. Davis says there's a risk that a recession will occur, but he thinks it would take a significant shock to make the U.S fall into a recession.

Is a recession on the horizon?

['Candid, in-depth video commentary from Vanguard leaders and industry experts on events and trends affecting the U.S. and global economies, the markets, and other topics that may affect your investments.', 'Candid, in-depth video commentary from Vanguard leaders and industry experts on events and trends affecting the U.S. and global economies, the markets, and other topics that may affect your investments.']

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Is a recession on the horizon?

Is a recession on the horizon?