* Markets are finally getting a chance to react to worst jobs report in two years * March non-farm payrolls coming in at about half of forecast * Dollar was off about 1% on FOREX * Stock futures were down on opening bell but shot 100 points higher * "Bad News is Good News" rally * CNBC thinks jobs takes June rate hike is off the table - but it was never on the table in the first place * The Fed will not be serving a September rate hike either * It's going to be an all you can eat "QE Buffet" * The dollar should have sold off more, but the bull market persists * Currency traders are using circular logic about the strong dollar * The dollar is rising for the same reason that the economy is slowing - the Fed has suspended QE and higher rates are expected * The effects of a strong currency should build over time * When the dollar uptrend ends, it will be a collapse because there are so many people on the wrong side of the trade * March ISM Non-Manufacturing Index slipped more than expected - lowest since June 2014, a two-year low * Monday WSJ article said that if Fed is worried to raise rates even a quarter of a point, then the U.S. Economy is not as strong as everyone thinks * If the Fed really believes the economy is strong, they would have already raised rates * Continued low interest rates indicate the Fed does not believe the economy is strong. * Crude Oil continues to rebound - above $53/barrel * If we close above $54, the market should see move up to mid $70's * Higher oil prices will start to hurt consumersOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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