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Withholding Taxes Fell Sharply in January

I started this update before the jobs report, was interrupted, and came back to this Yooge upside surprise. I apologize for this reading being disjointed. However, it’s clear that this BLS report is makeup for severely understating the December jobs gain, which was apparent from the huge surge in December withholding. January’s withholding has largely reversed that. Here’s what this means for your trading.

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Posted in 1 - Liquidity Trader- Money Trends, Fed, Central Bank and Banking Macro Liquidity
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