Posts Tagged ‘ mitt romney ’

Bianco and Biderman Talk Presidential Election & Economy


Jim Bianco of Bianco Research LLC chats with TrimTabs’ Charles Biderman about the financial impact of the Presidential Election and our economic future. To read the accompanying transcript, click: Read More

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BLS Overstates October Employment – Badly Misses Economic Growth Pop in August and September


BLS Revises August Estimate Up 100%, to 192,000, Nearly Identical  to TrimTabs’ Original Tax Based Estimate of 185,000.

TrimTabs Says Economy Adds 140,000 Jobs in October, While BLS Reports Gain of 171,000.

TrimTabs’ Real-Time Data Says Economic Growth Slows in October, While BLS Reports Acceleration

The Bureau of Labor Statistics (BLS) revised their preliminary August employment estimate up 100%, from their preliminary estimate of 96,000 new jobs, to 192,000.  The BLS’ revised estimate is nearly identical to TrimTabs original estimate of 185,000.  In addition, the BLS revised their September employment estimate up 25%, from their preliminary estimate of 114,000 new jobs, to 142,000.  The BLS’ revised estimate is closer to TrimTabs’ original September estimate of 210,000.  We expect the BLS to revise its September employment estimate up again in November. Read More

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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

TrimTabs Reports Economy Adds 140,000 Jobs in October


TrimTabs Says BLS Employment Estimates Lag Real-Time Economic Data



Sausalito, CA — October 31, 2012 —  TrimTabs Investment Research estimates the U.S. economy added 140,000 jobs in October, down from its estimates of 210,000 new jobs in September and 185,000 jobs in August.    Meanwhile, TrimTabs expects the U.S. Bureau of Labor Statistics (BLS) to report that job growth improved in October compared to its estimate of 114,000 new jobs created in September. Read More

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Bianco & Biderman Discuss Cost-Benefit of Fed Easing


To Care About Election You Must Believe it Matters


Do you really care who will win the presidential election? If you do, you must believe that one of the two can really make a difference. I mostly avoid reading or watching anything about this upcoming election. The reason is that I don’t believe it matter who wins. Neither candidate has any chance, none, of making major changes in the way our special-interest dominated US representative form of government works, and therefore neither can make the changes to prevent the coming economic disaster. Read More

Is the Fed Gaming Hilsenrath? Next Easing Will Be the Last


It is a bizarre stock market we live in when the wonder is who is gaming whom regarding the Fed this weekend. The Wall Street Journal’s John Hilsenrath today writes as if it is almost certain that the Fed will announce an easing in Jackson Hole. But maybe the Fed is gaming Hilsenrath’s reputation as the Fed’s unofficial mouthpiece to have him sell some more sizzle. Remember, Hilsenrath first promised a Fed easing in early June, which helped stop and reverse May’s sharp stock market selloff. Yet the Fed actually did nothing at the June meeting. Every few weeks since, seeming to coincide with a stock sell off, Hilsenrath writes another story promising an easing soon. Read More

Global Bettors on a Rick Kick, While Giving Ron and Newt the Boot – But Mitt Still It


By Dan Dorfman

Dan DorfmanDorfman And Dollars
Dan Dorfman follows the dollars and sense of the markets 

If someone bigger and stronger than you repeatedly punches you in the face, bloodies your nose and keeps knocking you to the ground, maybe it’s best to stop fighting, write it off as a losing battle, and go away to live and fight another day.

This same, sound strategy might well apply to the bitter presidential race in which two lagging White House candidates, Newt Gingrich and Ron Paul, have had their political noses repeatedly bloodied. Yet, each is vowing to stay in the race until the very end… Read More

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