Just heard about this on the radio today. Its a couple of months old but its still worth thinking about. Is this guy a member of the tin foil hat brigade or is he only saying what everyone else is afraid to say.
MarketWatch First Take
Jan. 5, 2010, 4:19 p.m. EST
WASHINGTON (MarketWatch) -- The massive stock-market rally in the past nine months is mostly due to secret government buying of stock-index futures, a respected stock-market analyst said Tuesday.
Charles Biderman, chief executive of TrimTabs Investment Research, is the latest and most credible person to charge that the Federal Reserve and the Treasury (in league with top Wall Street firms) is rigging the stock market on a daily basis.
Time for Fed to disprove PPT conspiracy theory MarketWatch First Take - MarketWatch
Here is the video referenced in the article.
http://www.bloomberg.com/avp/avp.htm?N=video&T=Biderman%20Interview%20About%20U.S.%20Stock%20Market%20&clipSRC=mms://media2.bloomberg.com/cache/vHxgc2hxs3yk.asf
Here is his latest opinion on the economy.
http://www.marketwatch.com/story/trimtabs-recovery-seems-to-be-the-real-deal-2010-03-11
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