TINA Is the Only Wall Street Acronym That Matters: Aaron Brown

Even if there are no good reasons to buy stocks at the moment, TINA argues investors should stay in the market because there’s no other place to go.

Starting about six months ago, analysts from top Wall Street firms began attacking TINA, claiming there are actually good alternatives to stocks for investors. For example, on Sept. 26, the strategists at Goldman Sachs Group Inc. promoted TARA — “there are reasonable alternatives” — over TINA, recommending investors underweight stocks in favor of cash. In hindsight, that was not a good choice, as stocks have rebounded almost 10% above inflation, while a ...