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March 2, 2008
The New York Times
The Buck Has Stopped
By Gretchen Morgenson
BEN S. BERNANKE, the Federal Reserve chairman, told Congress last week that fighting off a possible recession in the United States was Job 1 for his crew. But a consumer-led recession has already begun, according to a new index that reflects how much money Americans can actually spend right now.
The new indicator comes courtesy of Charles Biderman, the founder and chief executive of TrimTabs Investment Research, a proprietary research firm in Santa Rosa, Calif. "The big picture is: the amount of money people have to spend, which includes money on real estate transactions, is plummeting, and it started to break down in October," he said. more >>
Sep 4, 2007
Reuters
Lid lifted more on hedge funds with new data
By Svea Herbst-Bayliss
BOSTON, Sept 4 (Reuters) - Investors got their first glimpse at monthly statistics about which types of U.S. hedge funds are pulling money in or giving it back, when a data firm published numbers that analysts say could shape investment choices.
TrimTabs Investment Research, already well-known in the $11.2 trillion mutual fund industry for its weekly snapshots of where investors put their money, moved into the $1.9 trillion hedge fund industry when it published asset flow data for July late on Monday evening. The company teamed with BarclayHedge and said it will release the data 12 times a year.more>>