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David Brown gives insight into the retail investor's increase in trading in this USA Today article: http://www.usatoday.com/story/money/markets/2013/01/24/new-stock-highs-l…
Excerpt:
With the broad U.S. stock market flirting with an all-time high four years after the worst stock plunge since the Great Depression, a slew of signs are emerging that suggest Main Street investors may be in the early stages of ending their self-imposed exile from the stock market.
While the stock market is still unlikely to win any popularity contests, incoming data and anecdotal evidence suggest retail investors are more bullish on stocks than they have been in years, less fearful of a market collapse, and warming up to the idea of putting their money at risk and investing again in mutual funds that own U.S. stocks.