A marathon, not a sprint

Alliance Bernstein - 4Q22 Outlook

Markets wrestled with evolving macro and policy signals in the third quarter, with the Fed ultimately sending a strong anti-inflation message. The S&P 500 and high-yield bonds ended up about where they started—but US Treasury yields were the highest in years. Hear from AllianceBernstein’s Senior Investment Strategist, Walt Czaicki, about capital market expectations in the fourth quarter.


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