Joseph H. Davis, PhD, is a Vanguard principal, global chief economist, and the global head of The Vanguard Group, Inc.’s Investment Strategy Group, whose research and client-facing team develops asset allocation strategies and conducts research on the capital markets, the global economy, portfolio construction and related investment topics.
As Vanguard’s global chief economist, Mr. Davis is also a key member of the senior portfolio management team for Vanguard Fixed Income Group, which oversees more than USD 700 billion in assets under management. He is a frequent keynote speaker on economic trends, capital market returns and investment strategies and has published several white papers on related topics, many in leading academic and practitioner journals.
In 2004 Mr. Davis was selected as a faculty research fellow of the prestigious National Bureau of Economic Research for his contributions to the fields of economic history and U.S. business cycles. Prior to Vanguard, he spent time as an economist at Moody’s Economy.com. Mr. Davis earned his BA summa cum laude from Saint Joseph’s University and his MA and PhD in economics at Duke University.