The US Daily Cash Deficit for Friday 12/6/2013 was $3.8B nudging the December 2013 cash deficit through 6 days to $35B…$5B over 2012 through the same time frame.
Revenues are still down a bit and cost are still up a little…but It’s still too early to really worry about it. We have a few more days before things really start heating up. We’ll probably see ~$100B of revenues between Friday 12/13 and early next week as corporate taxes and other tax payments are paid….dwarfing the activity we’ve seen to date. Until then…just stay tuned.