From TINA To TIGA: Diversification Pays Again

From TINA To TIGA: Diversification Pays Again Authored by Lance Roberts via RealInvestmentAdvice.com, For more than a decade following the Financial Crisis, one acronym embodied the investment landscape: TINA, “there is no alternative.” The logic behind TINA was that the Fed and most other developed nations’ central banks held interest rates near zero and even below zero in some cases. As a result, Treasury, corporate, municipal, and international bond yields were extremely low for a decade.  Thus, stocks, reasonably valued after the financial crisis, offered a clearer path to meaningful returns. Today,...