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Santelli Extra: The strong jobs market myth

Charles Biderman
Adam Jeffery | CNBC

In a Santelli Extra interview exclusive to CNBC Pro subscribers, Charles Biderman, founder and CEO of TrimTabs Investment Research, explains why the economy is in much worse shape than investors realize right now.

"When I look at wages, no matter what perspective you look at, they have been disappointing in the U.S. and around the world," said Biderman.

In what he calls the "economics of hopefulness," the CEO discusses the potential ramifications when the true economic picture rears its ugly head.

You can watch his full interview with Rick Santelli below, but you must be a CNBC Pro subscriber.