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	<title>The Wall Street Examiner &#187; Anomaly</title>
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	<description>Be prepared. Stay ahead of the herd.</description>
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		<title>Federal Tax Receipts Show Economy Grinding To A Halt</title>
		<link>http://wallstreetexaminer.com/2011/06/17/federal-tax-receipts-show-economy-grinding-to-a-halt/</link>
		<comments>http://wallstreetexaminer.com/2011/06/17/federal-tax-receipts-show-economy-grinding-to-a-halt/#comments</comments>
		<pubDate>Fri, 17 Jun 2011 15:29:31 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Charts]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Email Bulletins Archive]]></category>
		<category><![CDATA[Money and The Fed]]></category>
		<category><![CDATA[Anomaly]]></category>
		<category><![CDATA[Bad News]]></category>
		<category><![CDATA[Biweekly]]></category>
		<category><![CDATA[Decline]]></category>
		<category><![CDATA[Economic Slowdown]]></category>
		<category><![CDATA[Excerpt From]]></category>
		<category><![CDATA[Federal Tax Receipts]]></category>
		<category><![CDATA[Federal Withholding Taxes]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Graph]]></category>
		<category><![CDATA[Hitting Bottom]]></category>
		<category><![CDATA[Money Printing]]></category>
		<category><![CDATA[Monthly Period]]></category>
		<category><![CDATA[Moving Average]]></category>
		<category><![CDATA[Overstatement]]></category>
		<category><![CDATA[Payment Date]]></category>
		<category><![CDATA[Professional Edition]]></category>
		<category><![CDATA[Q3]]></category>
		<category><![CDATA[Revenue Collections]]></category>
		<category><![CDATA[Seasonality]]></category>
		<category><![CDATA[Stimulus]]></category>
		<category><![CDATA[Tax Collections]]></category>
		<category><![CDATA[Understatement]]></category>
		<category><![CDATA[Upward Momentum]]></category>
		<category><![CDATA[Withholding Tax]]></category>
		<category><![CDATA[Withholding Taxes]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=51934</guid>
		<description><![CDATA[This post is an abridged excerpt from the June 16 Wall Street Examiner Professional Edition Treasury update. Click here to try the service risk free for 30 days and get this week&#8217;s complete Treasury and Fed reports and all updates, along with other weekly and monthly reports essential for understanding where the markets and the US economy are headed. Month to date Federal withholding taxes as of June 15 were down 5.5% from last year, negating the monthly gain shown in May. That gain was primarily due to the calendar anomaly of a payment date for a biweekly and semimonthly pay period for many employees coming on June 1 last year. That resulted in an understatement in May’s 2010 receipts and an overstatement for June last year. Therefore the 5.5% decline so far this month versus last June makes things look worse than they are. The truth, as shown in the chart below, is that tax receipts over the last rolling monthly period are about even with last year, suggesting that the economy has stalled, but has not collapsed to the degree implied by a 5.5% decline. Chart data through June 15 The one month moving average of daily withholding [...]]]></description>
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		<item>
		<title>Mass Psychosis &#8211; Professional Edition Fed Report</title>
		<link>http://wallstreetexaminer.com/2009/11/03/mass-psychosis-professional-edition-fed-report/</link>
		<comments>http://wallstreetexaminer.com/2009/11/03/mass-psychosis-professional-edition-fed-report/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 23:12:14 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Money and The Fed]]></category>
		<category><![CDATA[Professional Edition]]></category>
		<category><![CDATA[10 Year Treasuries]]></category>
		<category><![CDATA[Anomaly]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[Balance Sheet]]></category>
		<category><![CDATA[Download Pdf]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Letup]]></category>
		<category><![CDATA[Market Collapse]]></category>
		<category><![CDATA[Market Distortions]]></category>
		<category><![CDATA[Mass Psychosis]]></category>
		<category><![CDATA[Panic Behavior]]></category>
		<category><![CDATA[Pdf Format]]></category>
		<category><![CDATA[Risk Free]]></category>
		<category><![CDATA[Subscribers]]></category>
		<category><![CDATA[Thirty Days]]></category>
		<category><![CDATA[Treasury]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=6943</guid>
		<description><![CDATA[The Treasury finished up a light week with a 4 week bill auction that drew another wave of panic buying keep the rate near zero. There’s no real sign of a letup to the mania, as terrified investors continue to seek the “safety” of the shortest term Treasuries. Panic behavior of this nature always ends badly. Another anomaly of note is the fact that 10 year Fannie paper is now yielding less than 10 year Treasuries. This is another sign of mass psychosis. Unfortunately, the source of the infection has been Bernanke’s insane policy of piling up risky MBS paper on the Fed’s balance sheet. Wave after weekly wave of Fed buying has created one of the most ridiculous market distortions in history. Unfortunately, the problem it was designed to solve, the housing market collapse, isn’t responding. 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&#8217;t find the information useful, I will give you a full refund. It&#8217;s that simple. Click here for more information.]]></description>
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