Wednesday, January 20, 2010
It's nice to see that TrimTab's CEO Charles Biderman is getting lots of air time to talk about how the company that specializes in tracking investment money flows can't figure out whose been buying enough stocks to keep the price moving higher for almost a year.
Of course, few people seem to be complaining about the miraculous rise in share prices as it has cured many problems in financial markets such as bank solvency and the like. If the Federal Reserve really has been propping up the stock market, do we really want to know?
A better (but not embeddable) version of this clip is available here from Bloomberg.