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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (105387)12/8/2009 3:59:59 PM
From: ecrire  Read Replies (2) | Respond to of 116555
 
If the economic recovery is sturdy enough, it will lift all boats in the form of higher tax receipts.

Would not be so quick to assume a collapse.



To: mishedlo who wrote (105387)12/9/2009 7:02:39 AM
From: Mark Bong3 Recommendations  Read Replies (2) | Respond to of 116555
 
Mish, I am grateful that you are keeping tabs on subjects like the state finances. The state income tax and sales tax receipts provide one of the best and most accurate windows to seeing the current state of the economy. By comparing that data with prior months and years, it is easier to see the trends and understand where the economy is and likely determine where it is headed in the near and medium terms. Thanks