TINA vs. TARA, TAPAS and TIARA
For years after the 2008 financial crisis, investors held on to the belief that “there is no alternative” to stocks.
Goldman Sachs Group Inc. has dubbed the shift “TARA,” short for “there are reasonable alternatives,” while Deutsche Bank AG has endorsed “TAPAS,” meaning “there are plenty of alternatives,” and Insight Investment has come up with “TIARA,” or “there is a realistic alternative” to stocks.
WSJ 5 March 2023
https://www.wsj.com/articles/wall-street-concedes-there-is-finally-an-alternative-to-stocks-d19aebe6
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