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Strong Federal Tax Collections Mean That Strong Economic Data Will Keep Fed on Tightening Track

Strong federal tax collections for October and through early November will encourage the Fed to keep tightening. That’s bearish. Markets top out when the news is good because that’s when central banks pull the punchbowls. This is a classic repeating theme throughout the history of modern central banking.

Federal Revenues Pro Trader subscribers (or Professional Edition), click here to download complete report in pdf format including clear analysis of the data and historical charts depicting the trend.

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