Strong federal tax collections for October and through early November will encourage the Fed to keep tightening. That’s bearish. Markets top out when the news is good because that’s when central banks pull the punchbowls. This is a classic repeating theme throughout the history of modern central banking. Federal Revenues Pro Trader subscribers (or Professional Edition),…
The post Strong Federal Tax Collections Mean That Strong Economic Data Will Keep Fed on Tightening Track was originally published at The Wall Street Examiner. Follow the money!