According to the WSJ’s Market Watch: the unusual circumstances that led the equity market rally in 2009 might be explained by secret government moves to buy stocks, according to Charles Biderman, the founder and chief executive of TrimTabs, a research firm that tracks liquidity flows in the market. “We cannot identify the source of the new money that pushed stock prices up so far so fast,” Biderman said in a statement Tuesday.

This entry was posted by Paul Murphy on Wednesday, January 6th, 2010 at 5:20 and is featured in The 6am Cut London (6 Jan 2010) . Edit this entry.