Biderman Discusses Declining Income Collections, Validity Of Economic Data, And The Broader Market
Whetever few voices of sanity remain, as every "expert" merely touts their book into the biggest bear market rally in history, need prominence. TrimTabs' Charles Biderman is among them. In this most recent Bloomberg interview, Biderman takes on what amounts to inaccurate data releases by the BLS and BEA, and tries to make some sense out of them. Biderman's punchline: "Gravity usually works at some point." The only question is when.