Author: Alliance Bernstein

Will Tax Cuts Yield A Small-Cap Windfall?

Will Tax Cuts Yield A Small-Cap Windfall?

Congress is getting down to tax reform, and at first blush, smaller companies seem poised for a windfall. But tax cuts shouldn’t anchor a broad-brush investing strategy. Instead, focus on individual company fundamentals—and the less obvious effects of the evolving […]

Finding Resilient Returns As Global Equities Rally

Finding Resilient Returns As Global Equities Rally

Global equities advanced in the third quarter, as steady macroeconomic growth supported solid earnings reports. In the evolving market environment, we believe that individual company performance will make a bigger difference to stock returns. [REITs] Equity investors have had plenty […]

Follow The Earnings To Emerging Equity Stars?

Follow The Earnings To Emerging Equity Stars?

Emerging market (EM) equities have had a great run recently. But don’t buy EM stocks indiscriminately. Focus on company earnings over macroeconomic trends to find stocks that have stronger return potential with reduced risk. [REITs] The MSCI Emerging Markets Index […]

Volatility Wisdom Of Social Media Crowds

Volatility Wisdom Of Social Media Crowds

Title:   VOLATILITY WISDOM OF SOCIAL MEDIA CROWDS Authors:  Ahmet K. Karagozoglu and Frank J. Fabozzi Publication:  Journal of Portfolio Management, Winter 2017 (version here) What are the research questions? Using raw tweets from Twitter and StockTwits (“Trader Mood Data” […]

Is The Dividend Trade Cracking?

Is The Dividend Trade Cracking?

Investors pursuing high dividend yields are paying a sizable premium today, judging from valuations of the biggest stock holdings across the 10 largest dividend-focused exchange-traded funds (ETFs). In fact, these stocks are trading in line with the valuations of their […]