Posts Tagged ‘ Interest Rates ’

Biderman’s Daily Edge 2/6/2012: The BLS and BEA’s Use of ‘Snail Mail’


I seem to have hit a nerve with last Friday’s Daily Edge questioning the validity of the Bureau of Labor Statistics guess that 243,000 seasonally adjust jobs were created in January. To reiterate, withheld income and employment taxes paid to US Treasury daily indicate about a 1% nominal growth rate in wages and salaries. That is much too slow a growth grate to generate 243,000 new jobs… Read More

Did Weather Play A Role In January’s Payroll Number?


On Friday the January payroll report surprised everyone at 243,000 jobs. It was above the median of 140,000 jobs and outside the estimates of 95,000 to 225,000 jobs according to a survey of 89 economists by Bloomberg. Whenever a number surprises by this much, one wonders about special factors… Read More

Biderman’s Daily Edge 2/3/2012: Is BLS Data Skewed?


The biggest headline for all financial media today is that the US economy added a much more than expected 243,000 jobs in January, and 446,000 jobs over the past two months. That is many more new jobs than our estimate of less than 50,000 for January and our estimate of 90,000 for December and January… Read More

Biderman’s Daily Edge 2/1/2012: Gold & SIlver ETFs Getting New Money Again


I recommend buying silver as well as gold and both for the same reason. The US, Europe and Japan are all printing more and more new money to paper over ongoing budget deficits. Given that there is little chance that deficit spending will stop anytime soon, that’s why, I recommend buying both gold and silver on a dollar cost average basis… Read More

TrimTabs Says U.S. Economy Adds Just 45,000 Jobs in January


Weak Employment Growth Here to Stay due to Lackluster Demand and a Deleveraging Consumer More Intent on Saving Rather than Spending.

Sausalito, CA – February 1, 2012 – Sausalito, CA – The U.S. economy added only 45,000 jobs in January, nearly unchanged from the 38,000 jobs added in December, reports TrimTabs Investment Research.

“The weak job growth in January has us concerned,” says Madeline Schnapp, Director of Macroeconomic Research at TrimTabs. “It appears that the economy has hit stall speed due to lackluster demand and a deleveraging consumer who would rather save than spend.” Read More

Biderman’s Daily Edge 1/31/2012: Feeling Like a One-Eyed Man in the Land of the Blind


Sometimes I feel like a one eyed man in the land of the blind. We track real time data and I ignore almost all government initial guesses as to employment and income, other than to laugh and chuckle. I get most frustrated these days when I watch a market strategists and economists on TV make bullish predictions going forward based upon recent government data… Read More

Biderman’s Daily Edge 1/30/2012: Keep Buying Gold, US Stocks in Bear Market Priced in Gold


I continue to recommend buying gold on a dollar cost average basis. Gold is just beginning a long term bull run and most individuals are still not aboard this train. The Federal Reserve announced last week that this weak economy will force them to keep short-term interest rates exceptionally low until 2014. In addition, while there was no mention of QE3, I think it is almost certain that the Fed will add another round of quantitative easing (QE) sometime soon… Read More

Biderman’s Daily Edge 1/26/2012: US Government Will Go Bankrupt Unless Laws Change


Many of you viewers as well as many Wall Street professionals deep down inside believe that deficits do not really matter. We have almost always had deficita and we will almost always have deficits in the future. Big deal, deficits. The reality is that the US governments deficit is so big and will be getting much much bigger as we have to borrow more and more each year to pay ever increasing medicare, social security and government pensions and benefits… Read More

Biderman’s Daily Edge 1/25/2012: Explaining the Bullish Market


Again and again I have to keep reminding myself that most portfolio managers, as well as individual investors, firmly believe that not only can the US economy grow its way out of its current mess, but that the US economy has already begun that process. The fact that the Fed continues to create $100 billion of new money each month to support the economy is not as important to them as is the cumulative 60% growth in the federal deficit since 2008… Read More

Biderman’s Daily Edge 1/24/2012: Money is Dominated by Exchange Traded Funds


Here at the Inside ETF conference, where there are 1300 attendees, a record number, it is readily apparent that Exchange Traded Funds is where the action is in today’s stock market. Even we at TrimTabs have started one, called the TrimTabs Float Shrink ETF, ticker symbol TTFS… Read More

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

Biderman’s Practices of Success

I recently launched a new online course, Biderman's Practices of Success, on ( The key to the practice of success is to be fully present in the moment and to be totally engaged in the important areas of life, particularly when we do not want to be. Read More.

Mr. Charles Biderman is an associated person of Trim Tabs Asset Management, LLC, an SEC-registered investment adviser. All opinions expressed by Mr. Biderman on this website are solely those of Mr. Biderman and do not reflect the opinions of Trim Tabs Asset Management, LLC, Trim Tabs Investment Research, Inc., their affiliates (collectively, “Trim Tabs”), or any other associated persons of Trim Tabs. No part of Mr. Biderman’s compensation from Trim Tabs is related to opinions which he expresses on this website, elsewhere on the internet, or in any other medium.

You should not treat any opinion expressed by Mr. Biderman as a recommendation to make an investment in any company discussed or cited in any of his postings. Mr. Biderman’s opinions are based upon information he considers credible, but which does not constitute research by Trim Tabs. Neither Mr. Biderman nor Trim Tabs warrants the completeness or accuracy of the information upon which Mr. Biderman’s opinions are based.