"investors actually took money out of stock funds on a net basis during the past year. Meanwhile, the $385 billion of net flows investors put instead into bond funds is more than they ever put into stock funds during a 12-month period—even during the technology bubble of the late 1990s."
Stocks Anyone? (PDF)
Market Analysis, Research & Education
By: Dirk Hofschire, CFA
March 25, 2010