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Posted in 1 - Liquidity Trader, US Treasury Market and Tax Revenue Trends

The Virus Is the Economy

The VIrus is the Economy

Common sense says that as case numbers increase, tax collections would fall and vice versa, REGARDLESS of whether governments imposed lockdowns. So my expectation was that as governors across the country lifted restrictions, case numbers would rise, and tax collections would fall.

Well here we are.

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Act on real-time reality!

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