Tax collections fell again in September as the Trump Tax Cut continues to bite into federal revenues.
Liquidity Trader Pro Complete
Reports on the Fed and Treasury, primary dealers, foreign central banks, money market and mutual fund flows, and other factors that affect market liquidity. Includes all reports from Federal Revenues Pro Trader, Macroliquidity Pro Trader, and Treasury Supply and Demand Pro Trader. Click here to subscribe. Subscribers, click the post headline to access reports.
Treasury Supply and Demand Pro Trader
Hurricane Michael Heads For Wall Street, Get Out Before It’s Too Late
by Lee Adler •
Treasury supply continues to bulge, thanks to the yawning Federal budget defecate, and the fact that the Treasury must raise $30 billion per month to repay the Fed, which is demanding the money back that it lent to the US Government under QE. A tidal wave of supply is set to inundate Wall Street. This…
Macro Liquidity Pro Trader
Beware! Fed Will Continue To Suck Until Something Implodes
by Lee Adler •
The Fed has shed $293 billion in assets since mid October 2017, when it started the “bloodletting,” or balance sheet “normalization” program. As of this month, it is draining $50 billion per month from the banking system. Anybody who thinks that this is not a problem for the stock market is kidding themselves. This report…
Macro Liquidity Pro Trader
Phony, Ginned Up European Bank Data Growth Peters Out
by Lee Adler •
Even the ginned up, phony deposit growth that we saw in the first half of the year slowed in August. Here are some great pictures of the trends, and why they’re horrible news for US markets.
US Federal Revenues Pro Trader Report
Here’s Why Mixed Current Federal Tax Data Has Clear Message- Watch Out!
by Lee Adler •
The stabilization of withholding taxes, along with rising excise taxes suggest that top line economic data will continue to show increases. Here’s how we know, and what that means for your portfolio. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as well as performance metrics for this…
Macro Liquidity Pro Trader
Warning Signs Grow as Macro Liquidity Continues To Shrink
by Lee Adler •
Stocks have extended their rally in the face of flattening macro liquidity. That has brought them to a record overextension versus liquidity, even more extended than they were at the January market peak. Here’s what this means for the stock market.
Treasury Supply and Demand Pro Trader
LINK CORRECTED – Here’s Why Weak Demand for Treasuries Means Doom for Both Bonds and Stocks
by Lee Adler •
Demand for Treasuries is insufficient to prevent the coming bond market catastrophe.
US Federal Revenues Pro Trader Report
Dismal Federal Tax Collections Show Just How Bad The Tax Cut WIll Be For the Stock Market
by Lee Adler •
There’s evidence that the revenue loss has stabilized. But there’s no sign of growth. Here’s why that’s bad news for stocks.
Treasury Supply and Demand Pro Trader
Here’s How Treasury Market Liquidity Problem Is About To Get Much Worse For Stocks Too
by Lee Adler •
US Federal Revenues Pro Trader Report
Bounce Back In Excise Taxes Points to Hotter Economy- Fedhead Says “Whoa!”
by Lee Adler •
The data suggests that the economy has perked up from some softness in the previous 3 months. That will encourage the Fed not only to continue tightening. Not only that, but now a Fedhead has come out suggesting that policy should be even more restrictive. But will the Trump Regime employ countermeasures to boost stocks?…