Lee AdlerWhat happened in the stock market on September 13 (-178 on the S&P and -1276 on the Dow), was inevitable. The timing was a complete…
Part 1 is here. First, I want to reinforce the point that there are no accidents. So I’ll rehash the summary of this monthly tax…
Federal withholding tax collections declined in August. This was the second consecutive monthly decline after rising sharply and persistently throughout June. Subscribers, click here to…
I wrote the following in this Fed QT/Treasury Supply report on August 6. 8/6/22 Well, guess what. Time’s up. Party over. The Treasury has revised…
Rule Number One is “Don’t Fight the Fed.” But Wall Street and its willing herd have done just that for the past month. Stocks have…
The headline for the July 18 update on this subject was “As Good as It Gets.” 7/18/22 The setup for both bond and stock market…
We’ve had a helluva rally in stocks and bonds. The conditions were right for this rally, and we expected it. However, it was a bit…
Federal tax collections were solid in July. The recession that mainstream economists have been predicting, may be coming. xxxxx xxxxxxxx xxxxxxxxx. But it’s xxxxxxxx xxxxxxx…
As you may know, I recently moved to Nice, France, purchased an apartment, and began renovations. I’m living and working in a construction site, and…
The setup for both bond and stock market bulls will be as good as it gets for the next 3 weeks. So don’t be fooled.…
We’ve been in a bad bear market in stocks for over 6 months. And a really bad bear market in bonds for almost two years.…
Federal tax collections rebounded sharply in June, including the all-important withholding taxes. I can’t explain why this happened, nor does it matter. My job is…