Popular Posts

U.S. Government Guilty of Financial Fraud


If the U.S. government were subject to the same laws, such as Sarbanes Oxley, as is a public company Barack Obama and Timothy Geithner would be guilty of financial fraud. How can I make such an outrageous claim? Simple, it is the truth. Read More

Actual US Deficit $8 Trillion, Greater Than $6.6 Trillion After Tax Income


Two former Clinton Economists had uncovered, buried in the annual Medicare Trustees Report, that the growth in today’s dollars of future Medicare and Social Security obligations is a whopping $7 trillion annually. What that means is if the US were a public company it would have to report a loss of $7 trillion this year, and that would boost the current budget deficit to $8 trillion. Read More

A Simple Government Fix – Eliminate States & Almost All Federal Agencies



By Charles Biderman


Over the past year I have been quite critical of our current form of government. My recent rant that governments are incapable of effectively providing services such as education and health care, was not the first time that I have said these things. So while it is much easier complaining about the way it is, here are my thoughts as to how to fix the mess. Read More

Bernanke Put Dead & Very Little Chance Stocks Avoid Year End Sell Off


By Charles Biderman

I officially declare that the Bernanke Put is dead and buried. Nobody even talks about it anymore. It has been a while since someone on CNBC said there is very little risk in being long stocks since Ben Bernanke has the stock market’s back. Read More

Biderman’s Daily Edge: If Obama Wins, Sell Your Winners


Intrade today was taking bets at odds of 1 – 2 that Barack Obama will be relected as President of the United States. Odds of 1 to 2 means you have to bet $1 to win 50 cents. To me that means if Obama wins as seems likely, I need to start selling my big winners. Read More

Biderman’s Daily Edge: Investors Selling Because They Need the Money


Individual investors have been getting out of US equity mutual funds for most of this year. And the pace of outflows has been soaring recently. Outflows for all of 2012 now stand at $100 billion. Half of that, $50 billion, came out during the last three months. Flight from the funds is not a new trend. In fact, about $134 billion flowed out of equity mutual funds in 2011. ÊWhat’s really puzzling is that despite these heavy outflows, stock prices have gone up. Read More

How Will Federal Reserve Ever Raise Rates with U.S. Government Already Spending 10% of Revenue on Interest?


The Federal Reserve has held dictated interest rates near zero for three years, and it first assured investors in August that it plans to hold them at “exceptionally low levels” at least through mid-2013. We think investors should be prepared for the zero interest rate policy to persist years beyond 2013…Read More

One Reason Fed So Intent on Supporting Asset Prices: U.S. Economy Increasingly Dependent on Activities of High Income and High Net Worth Individuals


Federal Reserve Chairman Ben Bernanke suggested in his press conference last Wednesday that the Fed would consider buying additional mortgage-backed securities depending on future conditions. Why would the Fed contemplate more money printing even though inflation pressure is elevated? We do not believe the Fed would be acting mostly to shore up employment. Borrowing costs are already extremely low, yet the economy is sluggish, and the housing market is moribund.

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