---
title: "U.S. AIAE"
method: GET
path: "/markets/indicators/aiae/us"
tags: ["Market Indicators"]
---

# U.S. AIAE

`GET /markets/indicators/aiae/us`

Retrieve the U.S. AIAE (Aggregate Investor Allocation to Equities) indicator, as well as the associated forecast of the future 10-year annualized U.S. stock market (geometric) return.

> This endpoint requires an API key.

References
* [Micaletti, Raymond, Towards a Better Fed Model](https://ssrn.com/abstract=3704963)

## Response `200`

OK

- object
  - `aiaeIndicator` object, required — The U.S. AIAE indicator forecasts
    - `aiaeRegion` string, required — The region associated to the U.S. AIAE forecasts; always equal to "us"
    - `aiaeComputationDate` string, required — The computation date of the U.S. AIAE forecasts, in format YYYY-MM-DD
    - `aiaeReferenceDate` string, required — The end-of-quarter date of the latest quarterly Federal Reserve economic release "Financial Accounts of the United States - Z.1" used in the computation of the U.S. AIAE forecasts, in format YYYY-MM-DD
    - `aiaeForecasts` object[], required — The U.S. AIAE forecasts for the future 41 quarters starting from the date aiaeReferenceDate
      - `aiae` number, required — The value of the U.S. AIAE indicator, computed using the quarterly Federal Reserve economic release "Financial Accounts of the United States - Z.1" for the quarter ending at periodStartDate, in percent
      - `periodStartDate` string, required — The end-of-quarter date of the quarterly Federal Reserve economic release "Financial Accounts of the United States - Z.1" used to compute the U.S. AIAE indicator aiae, in format YYYY-MM-DD
      - `periodEndDate` string, required — The end-of-quarter date corresponding to the periodStartDate plus 10 years, in format YYYY-MM-DD
      - `periodReturn` number, required — The U.S. AIAE forecast of the annualized U.S. stock market (geometric) return over the 10-year period from periodStartDate to periodEndDate, in percent
      - `periodReturnLowerBound` number, required — The lower bound of a 95% confidence interval for the U.S. AIAE forecast periodReturn, in percent
      - `periodReturnUpperBound` number, required — The upper bound of a 95% confidence interval for the U.S. AIAE forecast periodReturn, in percent

## Other responses

- `401` — Access to the endpoint is not authorized

---

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