Spencer Platt/Getty Images

TINA may have some competition.

TINA, of course, is the acronym for There Is No Alternative, the description applied to U.S. common stocks, especially the large-capitalization variety that dominates the major indexes such as the S&P 500 and the Dow Jones Industrial Average.

That’s because of the Federal Reserve’s policies that have pushed interest rates to historic lows—and all the way to nearly 0% for short-term cash equivalents. Yet as the risk to the equity market has increased along with the averages’ sharp recovery from their March lows, Terri Spath, chief investment officer for Sierra Mutual Funds, recommends alternatives to TINA.

The Fed

Read More At Article Source | Article Attribution