Bond-filled caves...like squirreling away acorns for the winter, such a folksy tale way of putting it, ac.
Thank you for making me think about the wealth distribution and where bears are in that distribution as opposed to bulls.
Can we imagine working people, even those Texas janitors that recently secured that 50% wage hike, as bullish?
Now, they can participate in (as opposed to just working in) the economy (by trading in all their bonds for hot-tips in the stock market). With 50% more earning power and disposable income, there is no need to go buy lottery tickets. They now have the power to make unfettered investments and become rich and affluent like the bulls (whose caves are larger and purportedly filled with stocks).
Now they have hope.