Biderman and Kernen discuss how float shrink on top of a slow growth economy has created the widening gap between haves and have nots. Plus Santelli, Liesman & Kernen discuss Biderman’s comments.
Biderman Explains Why $25 billion Alibaba Offering Will Hurt Stocks Short Term, Why Lower Oil Prices Helping Incomes.
Charles Biderman tells Joe Kernen he’s bullish for as long as companies keep reducing the number of shares outstanding. Also the US Stock Market Capitalization of $26.5 trillion is now 3.5 times $7.5 trillion in wages and salaries. Last two times this high March 2000 & Oct. 2007.
Biderman talks about his course Practices of Success being launched on Curious.com/charlesbiderman.
By Chris Hamilton
Once upon a time, there was a thing called a “free-market” and for a time nations strove toward this ideal. To wit, a free market economy was a market-based economy where prices for goods and services would be set freely by the forces of supply and demand and allowed to reach their point of equilibrium without intervention by government policy, and it typically entailed support for highly competitive markets and private ownership of productive enterprises. But power and belief shifted and faith now resides in governmental fiscal policy (spend more, tax less) and central banker interest rate policy (make money ever cheaper) to avoid the free markets down-cycles and extend its up-cycles infinitely. The central bank high priests have determined free markets are better replaced by command economies and further the priests’ purport they know appropriate levels of demand and supply…and absent the achievement of these levels, they will enforce their will even if the Fed’s programs are the likely cause that retards the Fed’s from achieving their stated goals! READ MORE
TrimTabs’ President and CEO Charles Biderman joined Pimm Fox and Carol Massar of Bloomberg on their “Taking Stock” podcast last week to talk about hedge fund investing. You can listen to the full audio here.
By Chris Hamilton
By any objective measure Reserve Currencies — particularly the US dollar — are dying. The question most analysts get when discussing the reality of the US and world economic/financial situations is, if things are so dire (***see dire links below ), why doesn’t it feel like it? If all the facts stated about $6 trillion annual (GAAP basis) US budget deficits or US government total debt and obligations in excess of $90 trillion are true, why does the system still “function”??? Social Security recipients receive checks, the military is still paid, the garbage gets picked up, and stores still have stocked shelves. Life seems hectic but generally “normal”. So, is there a problem at all and if so, when and how will it go from theoretical to reality? 8 Comments
US is Bankrupt: $89.5 Trillion in US Liabilities vs. $82 Trillion in Household Net Worth & The Gap is Growing. We Now Await the Nature of the Cramdown.
There are many ways to look at the United States government debt, obligations, and assets. Liabilities include Treasury debt held by the public or more broadly total Treasury debt outstanding. There’s unfunded liabilities like Medicare and Social Security. And then the assets of all the real estate, all the equities, all the bonds, all the deposits…all at today’s valuations. But let’s cut straight to the bottom line and add it all up…$89.5 trillion in liabilities and $82 trillion in assets. There. It’s not a secret anymore…and although these are all government numbers, for some strange reason the government never adds them all together or explains them…but we will. READ MORE
TrimTabs’ Charles Biderman joined Rick Santelli on CBNC to talk about the “underutilized” labor market and millennial investment habits.
America has Adopted the Sclerotic European / Japanese Model;
Nationalized Risk, Low Growth, and an ever Larger Safety Net!
But Why? READ MORE
Since 2009, a lot of analysts have learned the hard way not to play Chicken Little and scream the sky is falling. However, after last week’s FOMC meeting as a capper to so many other economic and geopolitical issues brewing, seems things are getting serious. Take a looksee at yet another chart…READ MORE
Biderman with Santelli: “Lest we forget debt only works when debt creates growth greater than the cost of borrowing.”
As yields collapse globally, equity markets hit cycle or record highs, and real estate again is stretching for new records…What gives on the dislocation of bonds vs. risk? Click here to read more
Fat, drunk, and stupid is no way to go through life*…” and never has this been more apropos than now. American’s may have occasionally tied one too many on and certainly have enjoyed more than their share of McFatty meals. Less visible but possibly of greater importance is the toxic combined lack of educational push and/or individual pull to understand the finances and economics in which we live, work, and perhaps hope to raise a family. American’s are simply economically irresponsible and clueless. Click here for more.
TrimTabs’ Charles Biderman joined Pimm Fox and Carol Massar on Bloomberg’s Taking Stock Podcast to discuss how companies are either buying back shares or purchasing companies with cash because interest rates are at zero percent. You can listen to the audio here.
Charles Biderman joined The Disciplined Investor Podcast to explain how stocks can make new highs at the same time as the overall economy is barely growing.
To listen, CLICK HERE
TrimTabs’ Charles Biderman and Jim Bianco of Bianco Research discuss investment strategy during today’s volatile economic times. For a complete transcript: READ MORE
TrimTabs’ Charles Biderman and Jim Bianco of Bianco Research discuss the current economic climate in China in Part II of a three-part series. READ MORE
TrimTabs’ Charles Biderman and Jim Bianco of Bianco research discuss whether or not the Federal Reserve’s tapering has ended a five-year bull market. READ MORE
Trang Ho of Investor’s Business Daily discussed TrimTabs Float Shrink ETF in his latest piece noting:
“TrimTabs Float Shrink (TTFS), up 44%, beat the S&P by 12 percentage points last year after lagging the benchmark the prior year by 2 percentage points. Investor assets swelled more than tenfold in 2013 to about $104 million currently. READ MORE