Jobs Report to Crush Stocks, Lift Treasuries- Professional Edition

The month to date tax receipts for the full month of February are out. Withholding taxes were down 2.3% year to year. That’s a big improvement in the rate of decline over recent months. The change was only -0.6% versus January. This is the best performance since 2007 when the month to month change was a gain of 0.1%. But the BLS’s ( they should leave out the “L”) statistical gymnastics run the risk of turning a not so bad month into a catastrophe relative to the consensus. Here’s why. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

Tags: Best Performance, Bls, Catastrophe, Consensus, Crush, Decline, Download Pdf, Gymnastics, Jobs, Pdf Format, Professional Edition, Risk Free, Stocks, Subscribers, Tax Receipts, Thirty Days, Treasuries, Withholding Taxes

This entry was posted on March 2, 2010 at 4:01 pm and is filed under Money and The Fed, Professional Edition. You can follow any responses to this entry through the RSS 2.0 feed.