The game has changed radically in the past two weeks, so it does not matter one iota what the economy is doing. It’s the debt,…
Withholding taxes soared for most of August, far in excess of indicated jobs growth. But the Treasury hasn’t even started to rebuild its cash account. Here’s what that means.
One thing I learned years ago as a Florida resident running an online business is that I don’t want to stick around to see if…
Our purpose here is to examine Federal revenues and spending for any sign that the Fed would have any justification for a policy move. And…
Total tax collections rose in July, as did most components, including withholding. If the economy is materially weakening, it’s not showing up in real time…
They kicked the can into July, but it was there for all to see. Here’s what it means for your investment strategy. Subscribers, click here…
June Federal tax data showed that the market rationale for the rallies in stocks and bonds was just plain wrong. I wrote about it last…
Tax collections were strong in May except for a dip that coincided with the Nonfarm Payrolls survey. Here’s why that’s unequivocally bad news for the…
Federal tax collections data, including withholding taxes and excise taxes, suggest jobs and other economic data for May will surprise the market. Click here to…