I have a brief quote in the Weekend WSJ:
“Investment professionals are anticipating an influx of income- and growth-hungry mom-and-pop “retail” investors into the stock market this year—especially as the economy picks up and pressure grows for interest rates to start rising.
“The key is that equities have been hated for so long and the negatives are largely well known,” says Barry Ritholtz director of research as New York-based financial-services firm Fusion IQ. “Positive data would be an upside surprise to the bulk of investors.”
For years, individual investors have fled stocks in favor of bonds or money-market funds. And who can blame them after the financial crisis crushed share values in 2008 and early 2009?”
The full article is worth reading . . .
Are Mom and Pop Heading for Wall Street?
WSJ, January 20, 2013
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