Biderman – Fed Rigging of Stock Market Won’t Work Much Longer
Trim Tabs CEO Charles Biderman on the divergence between stock market and housing market valuations and why stocks have so strongly outperformed housing since the 2008 crash. He cites primarily the Fed’s rigging of the stock market and investor’s reliance on “The Bernanke Put” as the main reasons and posits the official interference in the market won’t work much longer.
Biderman believes that once investors realize the Fed’s artificial propping up of banks with cheap (free) money is no longer working stocks will fall – a lot. Video below.
Source: Trim Tabs via YouTube