BofA's Retail Clients Flee From Bonds - Business Insider: "In the week ended September 11, 2013, investors poured $14.3 billion into mutual funds oriented toward stocks while yanking $3.5 billion out of bond funds.
"Bottom line: it's stocks over bonds as tapering approaches," says BofA Merrill Lynch chief investment strategist Michael Hartnett.
Hartnett and his team are the ones who coined the term "Great Rotation," the idea that the hundreds of billions of dollars that have flowed out of equity funds and into bond funds in recent years will reverse course – flowing out of bonds and back into stocks again – as investors finally overcome fears of another stock market crash and start placing bets on a resurgent American economy."
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