Posts Tagged ‘ Wall Street ’
TrimTabs’ Charles Biderman was on CNBC Monday morning with Rick Santelli discussing stock and bond inflows.
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.”
To see the entire video, click here.
In my last video I opined that the secret of my success has been an ability to accurately describe the conditions of the financial markets and economy exactly the way they are and exactly the way they are not. Why is that useful? Read More
The secret of my success, in my opinion, has been my ability to accurately describe parts of the market and economy exactly the way they are and exactly the way they are not. I say power to make change starts with being grounded in what is actually happening right now. Not knowing what is really so and just guessing will make any existing problem much worse. If certainty creates power, uncertainty destroys power. Read More
In my last video before taking some time off I said that I expected a weak August jobs report and an imploding housing market to postpone the start of taper time. Well, the August jobs report was weaker than expected and mortgage bankers today reported that new mortgage applications have plunged to levels not seen since the 2008 low. Regardless of the weakness, the bond market apparently still believes that even if the Fed might not start tapering this month, tapering will start before year end. Read More
TrimTabs’ Charles Biderman joined CNBC’s Rick Santelli to track fund flows Tuesday.
Most who follow markets now knows that the US Federal Reserve wants to “Taper” the amount of new money printed daily. But nobody seems to know when. And the real question is: what does that mean to the markets if the Fed does or doesn’t taper? Read More