Tag Archive for Withholding Tax

With strong month, Durable Goods Orders rose 5% over May 2011

6/27/12 May Real Durable Goods Orders, adjusted for inflation and not seasonally manipulated were up 4.1% over May 2011. That compares with a 4% gain in April. In adjusting for inflation, this measure attempts to represents actual unit volume of orders. Also, the use of actual, versus seasonally manipulated (SA) data allows an accurate view…

TEOTWAKI Can Not Be Ruled Out

Withholding tax data suggests that we may soon see weaker economic data. That would argue for lower yields and lower stock prices. Meanwhile, foreign central banks (FCBs) sold Treasuries last week, turning away from the record accumulation of recent weeks. Click here to download complete report in pdf format (Professional Edition Subscribers) including 19 pages…

Does Treasury Market Turkey for Bulls Mean Stock Market Turkey for Bears?

Foreign central bank (FCB) buying of Treasuries was again heavy this week, two weeks after hitting a record level. Their buying binge of recent weeks pumped plenty of cash into US markets. That normally leads to a stock market rally, but not this time. Meanwhile, there’s evidence that withholding tax collections are weakening versus last…