Withholding tax collections soared in the second half November after a very weak start. Is the surge an anomaly, or is it a sign of a final explosive blowoff in the US economy? Here’s the answer, and what it means for the market.
The Fed has flushed $373 billion in assets since mid October 2017. But money comes floating back to the surface in other ways.
Those paragons of market timing (not), the US commercial banks, have massively increased their buying of Treasuries. This report tells you what this means for the market, and gives you a strategy to take advantage of it and let you sleep like a baby.
On Wednesday, November 28, stock traders interpreted remarks by Fed Chairman Powell to mean that there would be fewer rate increases than originally expected. Stocks exploded higher. But the money market wasn’t fooled. Here’s what it means for your money, and what you should do about it.
The supply catastrophe in the Treasury market caused by the Trump Regime’s disastrous fiscal policy goes on, with no end in sight. If you’re long stocks, you should be afraid, very afraid. Or you could take advantage instead.
Macroliquidity has stopped growing and is on the verge of contraction. World central bank liquidity has already entered a declining trend. Here’s what it means for the market. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as well as performance metrics for this month.
We already knew from our look at the end of month Daily Treasury Statement that October withholding taxes were bad news for the US economy. Now the monthly data on excise taxes from the Monthly Treasury Statement for October, released this week, has more bad news.
Withholding tax collections fell in October. The weakening trend since the tax cut resumed after a brief respite in September. That has all kinds of implications. Here’s what they are, and what they mean to the markets and your investments.
What little banking system growth there was in Europe has stalled. The data tells a chilling story that’s terrible news for the US stock market. This report explains why and what it means for your portfolio.
Demand for Treasuries at the regular auctions has risen by slightly more than the increase in new issuance lately. But yields continue to trend higher because selling in the secondary market has outstripped demand. With total systemic liquidity waning thanks to the Fed and its central bank cohorts, this is also bad news for stocks,…