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References to specific securities discussed are for illustrative purposes only and are not to be considered recommendations by AllianceBernstein L.P.
Past performance and current analyses do not guarantee future results.
The Economic Policy Uncertainty Index Categorical data include a range of sub-indexes based solely on news data. These are derived using results from the Access World News database of over 2,000 US newspapers.
As of January 31, 2025
Source: Scott R. Baker, Nick Bloom and Stephen J. Davis, "Economic Policy Uncertainty Index: Categorical Index: Trade policy (EPUTRADE)," Federal Reserve Bank of St. Louis
Past performance and current analyses do not guarantee future results.
*Data center numbers do not sum to total due to rounding.
†Excluding data centers
As of December 31, 2024
Source: Goldman Sachs and U.S. Energy Information Administration
Past performance and current analyses do not guarantee future results.
*Lam Research is a proxy for the semiconductor equipment industry.
As of December 31, 2024
Source: Freight Transportation Research Associates, Lam Research and AllianceBernstein (AB)
References to specific securities discussed are for illustrative purposes only and are not to be considered recommendations by AllianceBernstein L.P.
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 and are subject to change over time.