**AllianceBernstein (AB) – Investment Insights**
Stocks have surged since their April lows, with demand especially high for higher-risk equities and technology stocks, including those issued by firms with unproven profitability. The tech-heavy NASDAQ has increased by more than 20% over the past year, fueled in part by enthusiasm about artificial intelligence.
We believe the return and volatility relationship between high yield and equities may be even more compelling than usual today, thanks to a combination of elevated yields and slow economic growth.
Equity investors concerned about volatility may find solace in a surprisingly versatile investment tool amid these market conditions.
This article was written by William Smith & AJ Rivers, CFA, FRM, CAIA.
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**About AllianceBernstein (AB)**
AB is a research-driven investment firm that combines investment insight and innovative thinking to deliver results for our clients. At AB, we believe that research excellence is the key to better outcomes, and as a result, we have built a global firm with exceptional research capabilities.
We offer a broad array of investment services that span geographies and asset classes to meet the needs of private clients, mutual fund investors, and institutional clients around the world.
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