The growth rate of withholding taxes was weak through December before a minor uptick at the end of the month. The year to year real…
The growth rate of withholding taxes has been weak through December. It’s the worst performance of the year. Here’s what it means. Subscribe to the…
The growth rate of withholding taxes has been softening since early November and is now on the verge of signaling recession if the decline continues.…
The tax data, available in real time and not manipulated for infantile Big Media consumption and dissemination, indicates that the consensus estimate for nonfarm payrolls of +196,000 is far too low.
The growth rate withholding taxes softened slightly last week. The Treasury supplemented its income with massive new debt offerings raising its cash on hand to…
The data from the Daily Treasury Statement showed a massive increase in Treasury cash this week as a result of huge new cash management bill…
Growth in withholding tax collections was slightly stronger in the last week. Here’s what it means to the stock and bond markets.
The big news this week was that the politicians made a deal on the debt ceiling. Not a day later, the Treasury came back to…
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,
Growth in withholding tax collections flattened in the third week of October. The nominal annual growth rate held at 5.6%, the same as the prior…
