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.”
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TrimTabs’ Charles Biderman joined CNBC’s Rick Santelli to track fund flows Tuesday.
TrimTabs Reports U.S. Economy Adds 135,000 Jobs in May – Employment Growth Averages Lackluster 121,000 Jobs per Month This Year
Sausalito, CA — June 5, 2013 — TrimTabs Investment Research estimates that the U.S. economy added 135,000 jobs in May, up from 67,000 jobs in April.
“Employment growth is stuck in low gear,” said David Santschi, Chief Executive Officer of TrimTabs. “The economy has added an average of 121,000 jobs per month this year, which by itself is not enough to reduce unemployment.” Read More
Hedge Fund Industry Underperforms S&P 500 by 71 Basis Points in February
New York, NY — April 9, 2013 — BarclayHedge and TrimTabs Investment Research reported today that hedge funds took in a net $11.4 billion (0.6% of assets) in February, building on an inflow of $4.3 billion in January. The results are based on data from 3,434 funds. Read More
Charles Biderman and CNBC’s Rick Santelli discuss wage and salary growth year-over-year in March; whether the U.S. economy is picking up steam; and take a look at ETF outflows globally.
Employment Growth Early This Year Not Strong Enough to Reduce Unemployment Rate
Sausalito, CA — April 3, 2013 — TrimTabs Investment Research estimates that the U.S. economy added 156,000 jobs in March, up from 100,000 jobs in February.
“Employment growth has been significantly weaker than the Bureau of Labor Statistics is estimating,” said David Santschi, Chief Executive Officer of TrimTabs. Read More
Hedge Fund Industry Underperforms S&P 500 by 253 Basis Points in January
Hedge Fund Managers Less Bullish in February than in January
New York, NY — March 12, 2013 — BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $4.3 billion in January, compared with outflows of$20.7 billion in December. The results are based on data from 3,459 funds. Read More