You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #6: Reality check. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 11:12 AM
Response to Original message
6. Reality check.
http://wallstreetexaminer.com/2010/01/05/tax-receipts-d... /


Tax Receipts Down Means Treasury Supply Up Professional Edition
January 5, 2010
By Lee Adler

Month to date tax receipts are now in for the entire month of December. Theyre down 7.7% from December 2008, which is exactly the same rate of decline as Novembers. We know that the TBAC and Treasury officials were not anticipating that in their debt sales forecast for the first quarter. They had assumed that a recovery was taking root and would continue to do so. That spells trouble for both bonds and stocks. Heres why, and what to expect as a result.

Meanwhile, the implications of the NARs data on pending home sales are terrifying. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you dont find the information useful, I will give you a full refund. Its that simple. Click here for more information.
---------------------------------------------------------------------
The rest is subscription.

These are real numbers for sales tax receipts for the whole country.

December 2008 was generally accepted as the low point in the recession. And this past November and December were almost 8 percent lower?
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC