Came across an interesting chart recently via the ICI Investment Company Institute in the WSJ. Its illustrates where investors have been putting their money the last few years. Green is bonds and orange is equities. Above the line is positive (money inflows) and below is negative (money outflows).
I struggle to reconcile the above chart with the one below which is the S&P. Maybe 2+2 really does equals 6 as the MBA's at Wall St.'s primary dealers keep telling us. Or maybe in the fullness of time the turth