The book does a very good job in establishing that the excess returns of stocks over bonds are a lot lower than most believe. (alephblog.com)
While I prefer stocks over bonds heading into 2016, investors who are overweight equities are vulnerable to any unexpected political or growth shock, and should consider the right hedge. (blackrockblog.com)
But relative risk premiums still favor stocks over bonds. (newtraderu.com)