Have stocks bottomed? Not until this 'gorilla' in equity markets budges, warns BofA - MarketWatch

Households are the ‘placid gorilla’ of the stock market

Households, not hedge funds or major corporations, represent the biggest class of owners of the U.S. stock market. That matters because households, the placid gorilla in U.S. stocks, havent cut and r… [+1339 chars]

full article...