Retail Investors Shun Speculation and Stuff Money under the Mattress; Is this a Contrary Indicator?

"Madeline Schnapp at TrimTabs writes via email ...

TrimTabs flow research shows that retail investors are stuffing money into the mattress. So tell me again how all this money printing by the Fed has helped retail investors?

Best,
Madeline

Via Press TrimTabs says "Retail Investors Shun Speculation and Stuff Money under the Mattress".

Sausalito, CA – January 13, 2012 – TrimTabs Investment Research said today that in the first 11 months of 2011, investors poured eight times more money into checking and savings accounts as they did into stock and bond mutual funds and exchange-traded funds.

“The Fed is doing almost everything in its power to entice investors to speculate in overpriced asset markets,” said TrimTabs Executive Vice President David Santschi. “But retail investors aren’t taking the bait.”

In a research note, TrimTabs explained that $889 billion poured into checking and savings accounts in the first 11 months of 2011 (complete data for December 2011 is not available). This inflow was more than eight times greater than the $109 billion that flowed into stock and bond mutual funds and ETFs..."

at  http://globaleconomicanalysis.blogspot.com/2012/01/retail-investors-shun-speculation-and.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29