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Federal revenues show stable overall growth, yet this is undermined by weakening withholding tax collections and persistent, substantial deficits. While tariff revenues have surged, they are being largely offset by a squeeze on corporate profits, and January government outlays show no sign of decreasing. This fiscal environment prompted a proactive resumption of Quantitative Easing by the Federal Reserve in January to absorb extreme Treasury supply and maintain market stability. The Fed is likely to increase QE, as supply pressure remains relentless. But will it work? That’s the question.
This report explains what real time Federal tax collection and spending data means for the economy, and the stock and bond markets in 2026.
The report disdains Wall Street mythology, shows the real data and illustrative charts that clearly define the issues. It suggests your investment strategy for dealing with the facts, as opposed to the Street narrative.
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