Bernstein Insights

This latest earnings season was among the best in recent memory. Yet the market appeared to shrug off the results. Why are investors unimpressed? Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before mak

Recent developments in Turkey’s trade tensions with the US have exacerbated concerns over the country’s economic policies and vulnerabilities, stoking fears of spreading contagion which may impact European banks and the global economy. Should investors be worried? http://bit.ly/CMOSept18 Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment ob

The grocery market in the US is being disrupted, as e-commerce and delivery replace the aisle-by-aisle shopping trip. What’s coming in its place? Fresh markets, prepared foods, a restaurant setting - an experience with the foods you eat. Note to All Readers: References to specific securities are presented to illustrate the application of our investment philosophy only and are not to be considered recommendations by AllianceBernstein. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice

Retailers have endured their share of disruption over the years, with neighborhood stores losing out to department stores like Sears and Kmart, who were displaced by mass retailers such as Walmart. Now e-commerce is the reigning champion. But this shift seems different and it has many wondering if traditional retail will survive. Note to All Readers: References to specific securities are presented to illustrate the application of our investment philosophy only and are not to be considered recommendations by AllianceBernstein. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podc

Continuing our discussion on asset allocation for endowments and private foundations, we examine investing in challenging environments, whether active or passive makes sense and other decisions fiduciaries face. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their

There’s always a lot going on in the markets and today is no different. Concerns around the impact of a trade war, a stock market decline, the flattening yield curve, bond yields and underappreciated risks plague investors. Here we answer your most pressing questions. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financia

A monumental challenge is facing fiduciaries of endowments and private foundations. They face a formidable task—developing a strategy that is structured for today’s investment environment while still focused on fulfilling their long-term mission. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into accou

While our global market forecast remains largely unchanged, underneath, there is a wide divergence in the performance of various geographies resulting in friction and volatility in the financial markets. In this podcast, we share our perspectives on the global economy and how to position portfolios in this complex environment. Note to All Readers: The views expressed herein may change at any time after the date of release. This information does not constitute as investment advice. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any security, financial instrument, product or service sponsored by AllianceBernstein or its affiliates. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projectio

Investors should curb their enthusiasm for so-called Initial Coin Offerings. We have serious doubts about them as an asset class. Note to All Readers:  Cryptocurrencies are extremely speculative investments that involve a high degree of risk. AB does not currently offer investments directly related to cryptocurrency. The material provided is not intended to be, nor should it be construed or used as an investment recommendation, or an offer to sell, or a solicitation of an offer to buy, an interest in cryptocurrency. An investment in cryptocurrency is not suitable for all investors. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this podcast. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views exp

A mid-year update on the five surprises we believed could challenge the consensus and cause investors to react. Note to All Readers: The views expressed herein may change at any time after the date of release. This information does not constitute as investment advice. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any security, financial instrument, product or service sponsored by AllianceBernstein or its affiliates. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this video. This video is for information

Technology adoption is happening faster in China than in any other major market in the world. Not only is China the largest global e-commerce market, it is rapidly developing and adopting technology used in financial services, education, and food safety as well. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this video. This audio is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation

After over 100 years of slow technological evolution, the automobile is on course to change radically. From electric propulsion to self-driving cars, the technology we now have in cars is undergoing a drastic overhaul. At the same time, the demand for personal car ownership is giving way to ride sharing and on-demand mobility. Note to Readers: References to specific securities are presented to illustrate the application of our investment philosophy only and are not to be considered recommendations by AllianceBernstein. The views expressed herein may change at any time after the date of this publication. This information does not constitute as investment advice. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any security, financial instrument, product or service sponsored by AllianceBernstein or its affiliates.

China has a very bad pollution problem. And finally the Chinese government is taking action. This starts with supply-side reforms. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this video. This audio is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. Th

The price of oil climbed above $80 in May, a gain of approximately 25% over the last three months and 75% since last summer. But oil futures contracts suggest investors believe the price should retreat to $60. We think that’s too bearish. Note to All Readers: The views expressed herein may change at any time after the date of release. This information does not constitute as investment advice. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any security, financial instrument, product or service sponsored by AllianceBernstein or its affiliates. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guaran

How can investors evaluate the potential attractiveness of a proposed blockchain application? Here are three key questions to ask. Note to All Readers: Bitcoin and other cryptocurrencies are a very speculative investment and involve a high degree of risk. Investors must have the financial ability, sophistication/experience and willingness to bear the risks of an investment, and a potential total loss of their investment. Information provided by Bernstein is not intended to be, nor should it be construed or used as investment, tax or legal advice, a recommendation, or an offer to sell, or a solicitation of an offer to buy, an interest in cryptocurrency. Bernstein does not offer cryptocurrency products and investments in cryptocurrency is not suitable for all investors.

A remarkable transformation is taking place in China. Investors who think of the Chinese economy only in terms of low-cost manufacturing and imitation products are missing out on the real opportunities. Today, the Chinese economy is increasingly driven by the consumer. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this video. This audio is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial sit

The 10-year treasury moved above 3% late in April. At the same time, the interest rate curve continued to flatten. What does this mean for the economy and return seeking investments? Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this video. This video is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appro

Episode 3: Blockchain technology is likely to be revolutionary, but does every business with a supply chain really need blockchain? Note to All Readers: Cryptocurrencies are extremely speculative investments that involve a high degree of risk. AB does not currently offer investments directly related to cryptocurrency. The material provided is not intended to be, nor should it be construed or used as an investment recommendation, or an offer to sell, or a solicitation of an offer to buy, an interest in cryptocurrency. An investment in cryptocurrency is not suitable for all investors. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed

The future values for cryptocurrencies remain highly uncertain. How can we gauge their worth? Note to All Readers: Cryptocurrencies are extremely speculative investments that involve a high degree of risk. AB does not currently offer investments directly related to cryptocurrency. The material provided is not intended to be, nor should it be construed or used as an investment recommendation, or an offer to sell, or a solicitation of an offer to buy, an interest in cryptocurrency. An investment in cryptocurrency is not suitable for all investors. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the

Cryptocurrencies like Bitcoin have attracted a lot of attention, but are they set to become a disruptive force? Note to All Readers: Cryptocurrencies are extremely speculative investments that involve a high degree of risk. AB does not currently offer investments directly related to cryptocurrency. The material provided is not intended to be, nor should it be construed or used as an investment recommendation, or an offer to sell, or a solicitation of an offer to buy, an interest in cryptocurrency. An investment in cryptocurrency is not suitable for all investors. The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this video. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at