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These Numbers Could Push the Fed to Do Something Stupid

The Daily Treasury Statement data for the end of month August showed some improvement in total tax collections, including a slight uptick in withholding taxes and an even bigger increase in excise taxes.

The numbers suggest that an early summer slowdown has ended. After the expected downward revisions in June and July jobs data, the August uptick in jobs was not a fluke. And the excise tax data suggests strong retail sales.

So, not an altogether bad summer – if you happen to be a politician or government taxman. But what about for investors?

Click here to see what to expect.

The post These Numbers Could Push the Fed to Do Something Stupid appeared first on Lee Adler’s Sure Money.

Yes, Sweden Is A Domino

Over the weekend, another European nation turned toward the populist direction. It was enough to get one’s attention when Italy did it, but Sweden is something else altogether. The country has been long held out as an exemplar of everything that is right with globalization. They have industry, youth, etc. How in the world could […]