FYI: Is TINA back? That is, There Is No Alternative to stocks, a theme through most of the bull market that could take on greater resonance with the stunning decline in bond yields in recent months.
The S&P 500 index just ended its best three months since September 2009, gaining 13.07%, which of course followed the fourth quarter’s drop that stopped just short of a 20% bear market at the Christmas Eve lows. A hefty portion of the gains were in stocks that act a lot like bonds. At the opposite end, the Nasdaq Composite advanced 16.49% in the first quarter, capping its best three months since the March 2012 quarter, paced by technology shares less beholden to the economy’s overall growth.
Regards,
Ted
https://www.barrons.com/articles/low-rates-could-boost-dividend-stocks-51553907490?mod=past_editions
