Just wondering, where are average people putting their money?

I'm coming off a long flurry of trading activity.   Was extremely busy harvesting tax losses into year-end and loading up the other side with plays that looked to be forced sold by others who were doing the same.  All the while,  I was trying to steer clear of wash sale rules.  That's not an easy task,  and it put me in burn-out mode on trading, blogging and anything market related.  But,  I now find myself with some time on my hands.  I can now breathe,  and think,  and read,  and ponder my next trading moves.

The one issue bothering me the most right now?   Where the hell are average people putting their money?  Thinking back to the holiday party conversations with friends and neighbors,  no one wanted to talk about stocks.  And if you mentioned real estate, a sadness came into the eyes of anyone within hearing distance.  Bonds maybe?  Not a chance. Bonds are paying such paltry rates that I didn't hear a single person bragging about their bond portfolio.   And banks?  Give me a break.  They pay nothing.  So,  where the hell are people investing?

I don't have a clue.   And I'm wondering,  is that not the greatest buy signal of all time?  When everyone and their mother is running for the exit,  or standing the sidelines,  is that not the best time to be levered up and long?  I think so.   And although I have some unused buying power,  I'm heavily leaning long,  but with one eye on the exit.