Liquidity Trader – US Government Revenues

Analysis of real time Federal revenues as they signal economic activity and likely changes in Treasury supply. Resulting market strategy recommendations. 8 reports each month. Click here to subscribe. Now published at Lee Adler’s Liquidity Trader.

Withholding Tax Collections Rose This Week

Growth in withholding tax collections was slightly stronger in the last week. Here’s what it means to the stock and bond markets. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction…

The Most Important News Today – Treasury announces 69-Day Bill- The Clawback Begins

This is even more important than the FOMC announcement. Now that the debt limit deal is all but signed, sealed, and delivered, the Treasury will begin to claw back some of the $140 billion in cash it paid to dealers and other investors who held expiring 4 week bills, and maturing 2 year notes that were not rolled over since September 15,

Federal Tax Receipts Continue Apace But Day of Reckoning Approaches on Debt

Growth in withholding tax collections continued to rebound in the second week of October.  The nominal annual growth rate rose to 5.6%. The steady strong growth of tax receipts is enabling the politicians to delay dealing with the debt ceiling, but the day of reckoning is coming. This report shows the data and reports what it…

Withholding Tax Collections Weaken, Setting Up Possible Double Barreled Crisis

Growth in withholding tax collections continued to recede in in the second week of September as the government facts another crisis over the debt ceiling. This report looks at the implications for the markets. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to…