Showing posts with label IRS tax refunds. Show all posts
Showing posts with label IRS tax refunds. Show all posts

Thursday, February 11, 2016

ATTENTION...ATTENTION...ATTENTION...SELLOFF IS OVER. LOOK AT WHAT JUST HAPPENED!

THIS JUST IN...

YESTERDAY, $40 BILLION OF TAX REFUNDS WENT OUT! 

WHATEVER THE GLITCH WAS, IT'S OVER.

BUY, BUY, BUY!


Monday, March 2, 2015

$133 billion in tax refunds have been sent out so far!

So far $133 billion in tax refunds have been sent out according to the Treasury. (Individual and business.) That's more than last year's $130 billion at this time.

In addition, we'll probably get another $55 billion to  $60 billion in March and another $50 billion in April. That'll equate to a $240 billion stimulus over these three months alone. You don't want to sell into that, but you DO want to keep  an eye on what these idiots in Congress (read: Republicans) do with the debt ceiling, which will have to be raised sometime around mid-month.

We've got plenty of financial (money) firepower coming into the economy over the next two months and we've already gotten a huge injection in February, however, failure to raise the debt ceiling or, keep it suspended (as it is now) will be a HUGE red flag for stocks and the economy.

Stay tuned.

(BTW...this was all taught in my Daily Treasury Statement course...plus a lot more!)