I just updated the withholding tax data for August, with that data now complete for the month.
It looks weak. I’ll have more in a full report to follow later today. Normally the month end data is out a few days before the BLS (Bureau of Liar Statistics) NFP (Non Factual Payrolls) data. This month, that data as finished only as of last night, too late for me, here in Europe, to update until this morning. That said, the July data was solid and it often feels to me as though the BLS data lags the 12th of the month data collection date to correlate more with the end of the prior month, not the current month.
Withholding Tax Collections Collapsed in August But BLS Data Won’t Show It
Meanwhile, the futures are perfectly positioned to go either way!
- Withholding Tax Collections Collapsed in August But BLS Data Won’t Show ItSeptember 2, 2022
- Swing Trade Screens – Good Week For Our Shorts Last Week, Adding More Now August 29, 2022
- Freak Out Now Before It’s Too Late August 29, 2022
- Warnings of August Liquidity Crash Come to Fruition – Here’s What to Do August 28, 2022
- Gold Miners Swing Picks August 26, 2022
- Has Rule Number One Been Repealed? August 18, 2022
- “As Good as It Gets” Was Good While It Lasted August 6, 2022
- Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022
- Withholding Tax Collections Solid in July, But Here’s Why the Party is Over August 2, 2022
- The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022
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