10-1-26 From TINA to TIGA: Diversification Pays Again

Podcast: The Real Investment Show Podcast · Lance Roberts

Opublikowano: 2026-10-01

For years, investors lived by TINA: "There Is No Alternative" to stocks. With interest rates near zero and bond yields offering little income, equities dominated the investment landscape. But that math has changed. Today, Treasury yields are above 5%, investment-grade corporate bonds offer competitive income, and real yields have climbed to levels not seen in nearly two decades. Meanwhile, stock valuations remain historically elevated. That creates TIGA: "There Is a Good Alternative." Lance Roberts & Michael Lebowitz examine what the changing relationship between stocks and bonds means for portfolio diversification, why the equity risk premium has narrowed, and how investors can think...