-
The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
Past performance and current analysis do not guarantee future results.
*US large-caps represented by S&P 500, emerging markets by MSCI Emerging Markets, UK by MSCI UK, Japan by MSCI Japan, Europe ex UK by MSCI Europe ex UK, Australia by MSCI Australia, US small-caps by Russell 2000 and China by MSCI China A.
As of June 30, 2024
Source: FactSet, FTSE Russell, MSCI, S&P and AllianceBernstein (AB)
Past performance and current analysis do not guarantee future results.
As of June 30, 2024
Source: MSCI and AB
Past performance does not guarantee future results.
Equity real returns are the average annualized five-year total returns of the S&P 500 adjusted for the change in the US consumer price index (CPI). Treasury bonds real returns are the average annualized five-year total returns of US 10-year Treasury bonds (constant duration) less the realized change in CPI data through January 31, 2024.
As of January 31, 2024
Source: Robert Shiller's database and AB
Past performance and current analysis do not guarantee future results.
For the first half of 2025, earnings estimates cover about 100% of S&P 500 companies and about 67% of MSCI World companies.
As of May 31, 2024
Source: FactSet, MSCI, S&P and AB
Past performance and current analysis do not guarantee future results.
Earnings-per-share (EPS) estimates and report figures are sourced from Thomson Reuters I/B/E/S. Quarter refers to the quarter in which the report was released. Reports in which the actual EPS value is within $0.005 of the average EPS estimate are classified as “meets”. “Beats” and “misses” are defined as reports in which the difference between actual EPS value and the estimate is greater than $0.005 or less than –$0.005, respectively. Returns are sourced from IDC. Total price response is the cumulative USD return of the stock from five weekdays before the report to five weekdays after the report, minus the cumulative benchmark return for the same period.
As of June 20, 2024
Source: IDC, MSCI, S&P, Thomson Reuters I/B/E/S and AB
The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
References to specific securities discussed are not to be considered recommendations by AllianceBernstein L.P.
MSCI makes no express or implied warranties or representations, and shall have no liability whatsoever with respect to any MSCI data contained herein.
The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.