Charles Biderman - CEO of Trimtabs - "The Global Write Off"

Trimtabs follows the flow of money into and out of the stock market. This video contains a money flow forecast comparing a flat economy versus a stable-rising market. When the market goes up its easy to make money. This easy money means that we have tons of people in hedge and mutual funds who may not have jobs shortly. Unfortunately, our money seems to be in a state of drawdown by retirees and pension funds, as corporations account for most of the current inflows. These inflows would be impossible without easy money policy by government actions. Money has been created magically. Do we need to hit rock bottom? It appears that we must

Category:

Nonprofits & Activism

Tags:

• charles
• biderman
• Chief Executive Officer
• trim
• tabs
• money
• go
• trimtabs
• fuller
• integrity

[turbomango]

Define 'rock bottom', please.

[wepollock]

@turbomango most of your money goes away.. FDIC SIPC fail.. 

[DavidAKZ]

@ 2:15 "Shrinking the traded floated shares" - what does that mean in English please ?

[wepollock]

@DavidAKZ less shares in total.. the company buys back the stock and the price goes up because there are less shares floating around (aka the float of a stock)

[kileer7]

We're writing off human beings, rather than entitlements Warren.

[wepollock]

@kileer7 Yep I did not agree with him.. I think If I paid into a system its an annuity not an entitlement. As to people we have zero value under the current model.

[dooshmasta]

Must be garbage day around Chuck's house.

[turbomango]

@wepollock ah well, how can money go away if Fed can print?

[Zeno1999]

@kileer7 < Are not we assets of Queen of UK according to maritime laws ? So she must have decided to make such arrangement.

[Zeno1999]

@carefulcarpenter < That's true.

But without corporations there are no airplanes and cars. What we need to look at now is, when a corporation becomes too big, it starts behaving like a dictator run country. Stock buyers need to take responsibility for making them psychopathic.

We are facing a cycle of dismantling such psychopathic corporations and it's a short pain but long term gain. So witness getting victimized by it.

[wepollock]

@JanRichardus good idea.

[huskerbird1]

A global writeoff of debt, whats happening to greece is just an appetizer. Oh boy. Do I get my debt written off? I doubt it.

[goedeck1]

Mr. Biderman clearly explained the market bubble that has developed since 1983; thank you.