Posts Tagged ‘ presidential election ’

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

Nov
16

 

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

Market Selloff After Obama’s Re-election No Accident – Recession Coming

Nov
14

 

By Charles Biderman

Ever since Obama won eight days ago, stock prices are falling, down about 4% as this is being recorded. So stocks peaked September 14 – two months before the election –when the Federal Reserve announced the current version of quantitative easing and stocks held up pretty much right through an election day rally. But now that the election is over stocks are dropping with no bottom in sight. This is no accident given investors fears of higher taxes and continued big spending, including higher taxes on capital gains, that inevitably will tank the economy. In fact, I believe we are headed for a recession. Read More

Government Incapable of Providing Services, Causing Fiscal Cliff

Nov
14

By Charles Biderman

 

There are two parts to the fiscal cliff equation. Government spending on services and taxes. Unfortunately almost all the discussion about how to fix the long term problem has been about taxes. Focusing on taxes to raise revenues to provide government services requires making a key assumption that governments can effectively provide services. But what if the real problem is that the US government by its nature is incapable of providing cost effective services? I say that government spending on services are not only cost ineffective but probably harmful to the overall economy. Read More

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

Nov
13

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

TrimTabs Says Obama White House and Bernanke Fed Putting U.S. on Road to Financial Ruin

Nov
09

Total Federal Debt Already 2.5 Times Annual After-Tax Income of U.S. Taxpayers.

 

Sausalito, Ca, Nov. 9, 2012 – TrimTabs Investment Research says the Obama White House and the Bernanke Federal Reserve are putting the U.S. on the road to financial ruin because their  main approach to dealing with America’s economic problems since the financial crisis began has been pretty simple—borrow and print. Read More

Bianco and Biderman Talk Presidential Election & Economy

Nov
09

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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Biderman’s Daily Edge: Barack Obama Will Be Worst Fiscal President ever, Unless He Changes

Nov
07

Unless Barack Obama dramatically changes, I predict by the end of his second four year term he will have earned the legacy of being the worst fiscal president ever. Why? The US will be bankrupt after another four years of the same Obama we had for the past four. Read More

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

Nov
02

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

Nov
02

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

Oct
31

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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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 Curious.com (curious.com/charlesbiderman). 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.

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