Forget The Retail Trader: Goldman Says Everything Now Rides On The Top 10%, Who Own 87% Of Household Stocks

The retail trader is fading. The household is not.

That is the split Goldman's chief US equity strategist Ben Snider draws in his latest Weekly Kickstart (available to pro subs), which landed Friday evening as the dust settled on a week in which hedge funds degrossed in 7 of the past 8 sessions and, as Goldman's Tony Pasquariello put it, the market "did cut into some bone." With the pros puking, the obvious question is who is left to buy. Snider's answer:

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