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03-03-2013, 05:58 AM #1
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Insider Selling-To-Buying Hits Record As Biderman Welcomes "The New Recession"
Insider Selling-To-Buying Hits Record As Biderman Welcomes "The New Recession"
Submitted by Tyler Durden on 03/01/2013 13:26 -0500
While not according to official government statistics (yet), which we have come to trust so Pavlovian-ly, TrimTab's CEO Charles Biderman notes that based on what is important - the growth (or lack thereof) of real-time wages and salaries, the US economy has slowed enough to enter into recession. Following December's aberrant jumps thanks to tax hike concerns, after-tax wages and salaries (net of inflation) have been shrinking year-over-year since the second week in January. But it gets better, withheld income and employment taxes have been running about 8.3% higher year-over-year. While retail is being told to buy-buy-buy, Biderman exclaims that "insiders at U.S. companies have bought the least amount of shares in any one month," and that the ratio of insider selling to buying is now 50-to-1 - a monthly record. "So far the mass delusion is holding."
Biderman's Daily Edge: U.S. Entered Recession in January Yet Fed Fix Keeps Stocks Pumped - YouTube
Insider Selling-To-Buying Hits Record As Biderman Welcomes "The New Recession" | Zero Hedge
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03-03-2013, 06:22 AM #2
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Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
Biden may hand out green cards to 4,000 illegal migrants per year
03-28-2024, 01:54 PM in Videos about Illegal Immigration, refugee programs, globalism, & socialism