Thursday, December 1, 2011

Of Coordinated Intervention And The PPT. Biderman Questions Our Faith

In one of his best rants of recent times, Charles Biderman, of TrimTabs, exclaims his consternation at the globally co-ordinated central bank intervention and the mainstream media's interpretation of said act. Viewing the interventions as a sign of desperation, the avuncular Biderman fears the instability that lurks just under the carefully veneered surface of the markets. Describing the goal of the Fed as having clearly changed from one of inflation and/or employment to

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