Tax Data Supports Fed Continuing to Drain Money Out of the Pool - InvestingChannel

Tax Data Supports Fed Continuing to Drain Money Out of the Pool

current data continues to reflect patchy growth. The top line numbers are strong, but there’s evidence of weakness in some areas. It appears that top income earners are paying a lot more taxes and skewing the totals. But they’re the investors, so these increases in income to some extent generate demand for stocks. At the…

The post Tax Data Supports Fed Continuing to Drain Money Out of the Pool was originally published at The Wall Street Examiner. Follow the money!