Vanguard recommends a high international bond allocation: therefore Vanguard had always recommended a high international bond allocation.
A large part of the investing literature of five years was now completely obsolete. Reports and records of all kinds, newspapers, books, pamphlets, YouTube videos, podcasts, blog posts — all had to be rectified at lightning speed. Although no directive was ever issued, it was known that the chiefs of the Department intended that within one week no reference to the old asset allocation, or the underweighting of international assets, should remain in existence anywhere. The work was overwhelming, all the more so because the processes that it involved could not be called by their true names.