TrimTabs’ Charles Biderman was on CNBC Thursday discussing where investors are putting their money after breaking down his data. “A huge amount went in [to equities] starting on Thursday when it became apparent that there would be a deal,” Biderman said. “It was actually a whopping $17 billion went into US equity mutual funds and exchange traded funds [ETFs] combined. That’s a huge amount of money.”
To see the entire video, click here.
Tags: Biderman equities Investing Stock Market Trading TrimTabs Wall Street