Archive for November, 2011

Debt-laden Eurozone faces a stark choice

Nov
27

The debt-laden Eurozone faces a stark choice: integrate further or break up.

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How Will U.S. Ever Repay Its Debt Except in Debased Dollars? Ratio of Federal Debt to Federal Revenue Soars to Post-WWII High of 6.8 in Fiscal 2011 as Economy Stagnates

Nov
25

While European countries such as Greece, Italy, Portugal, and Spain are hitting the debt wall now, we believe the U.S. will hit its own debt wall within the next few years if it does not curb its profligate fiscal and monetary policies.

The negotiations of the congressional super committee were pathetic. These politicians could not even cut $1.2 trillion from the deficit over the next ten years. This $1.2 trillion is equal to less than 3% of the $43.9 trillion the Congressional Budget Office projects the U.S. government will spend from fiscal 2012 through fiscal 2021.

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Biderman’s Daily Rant 11/22/2011: Explaining the One Percent’s Ascendancy

Nov
22


Occupy Wall Street is complaining that the top 1% are getting rich while the rest of us are not.

That happens to be an accurate perception. What is not accurate is that it is the capitalist system that is at fault.

No, the reason the rich have been getting much richer is that stock prices have been kept artificially high by government action, while home prices are collapsing, also as a result of government action.

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Biderman’s Daily Rant 11/21/2011: The Solution to Eurozone Mess; Germany takes control

Nov
21


There’s only one solution to the mess in Europe other than a complete breakup of the Eurozone back into its original parts. It’s called Fiscal Union where Germany takes control of Europe’s purse.

Jim Bianco says Fiscal Union is a polite way of saying Germany finally wins World War II. He asks whether the rest of Europe is ready to take orders from Berlin because they are going to have to.

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The Eurozone faces a stark choice: print money or break up

Nov
21

Recent trading in the bond market shows the ECB’s intervention has failed to stem contagion. While TrimTabs’ key demand indicators are moderately bullish, insider selling is soaring to highest level since May…

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Biderman’s Daily Rant 11/18/2011: When will housing prices stop falling?

Nov
18


A most important question for the financial well being of many Americans is when will home prices stop falling.

Unfortunately I still think we have another two to four years of lower home prices ahead of us. When home prices actually stop dropping and turn around really depends on when the US government lets the existing foreclosures be taken off the market by new buyers.
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Biderman’s Daily Rant 11/16/2011: A Sign of a Slowdown?

Nov
17

Individual investors have been taking money out of US equity mutual funds for the past 13 straight weeks and if trends continue, November will be the seventh consecutive month of big money leaving US equity funds. Year to date $90 billion has left US equity funds and over the four years since 2008 $370 billion has fled.

That outflow is probably not just a stock market call. I wouldn’t be surprised if a good portion of that outflow has gone to pay bills.

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Biderman’s Daily Rant for 11/15/2011: US companies are still the only buyers of US stocks

Nov
15


There has been and still is only one buyer of US stocks and that is the public companies themselves.

What’s more, US companies over the past month have increased their buying to $2.7 billion daily net of all share sales up from a $2 billion daily rate over the four months that started in July right after QE 2 ended.

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Charles BidermanCharles Biderman is the Chairman of TrimTabs Investment Research and Portfolio Manager of the TrimTabs Float Shrink ETF (TTFS)

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