156k v a consensus of 172k.
Good news for market lovers out there. For the month of September, people weren’t hired at the pace expected. As such, this is construed to be a shitty jobs number. As such, markets are rallying off the premise that the Fed won’t hike rates.
The initial response was joy. But now an apathetic normality is sweeping across wall, forcing people to view markets nihlistically, not really giving a shit about it. Futures are heading lower again.
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Hey Cap’n, what are your thoughts on TLT right now?
Fed mouthpiece was ordered to jaw-bone the metals down so his buddies could get bargain-basement prices but behold — interest rates ain’t going nowhere.
In other news, the web runs deep although just business as usual
http://www.washingtonexaminer.com/article/2603876
What fortune 500 company did not cut jobs this year? Deep state data is worthless
All those damn computers at McDonald’s taking orders and shit
usd fighten to breakout of 97. probably end the week just under it. then gap up monday.
Fix the economy:
1. Set minimum wage to previous years median hourly wage.
2. Set fed funds rate goal to -50%
3. Memes
4. PROFIT
Nothing says a return to the old World reality (years BC – Before China) like the Iron Ore chart for 30 years:
http://www.indexmundi.com/commodities/?commodity=iron-ore&months=360