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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.
Historical analysis does not guarantee future results.
Definition of recession periods based on the business cycle dating indicator from the National Bureau of Economic Research.
As of September 30, 2023
Source: Bloomberg, National Bureau of Economic Research and AllianceBernstein (AB)
Historical analysis does not guarantee future results.
Equity returns represented by MSCI World Index; bond returns by AB’s aggregation of developed-market sovereign bonds scaled to duration; 60/40 portfolio comprised of 60% equity and 40% bond; commodities represented by AB’s aggregation of individual commodities based on Bloomberg Commodity Index weights; hedge funds represented by the HFRI Composite Index; trend strategies represented by the Société Générale Cross Asset Trend Following Index. Rate cut periods used for this analysis occurred between 1990 to 2023.
As of September 30, 2023
Source: Bloomberg, Hedge Fund Research, MSCI, Société Générale 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.