It was the third poor jobs report in a row and it not only missed by a wide margin but last month’s report was revised and almost slashed in half. While bonds continue to go parabolic, the poor jobs number put an early end to the rally attempt after open. Europe continues to disappoint along with recent economic reports. There were some signs of a potential QE expectation as dollar dropped, euro strengthened and gold spiked back up. Fed chief Ben Bernanke will be speaking next week and the FOMC monthly interest rate decision is coming at the end of month. With the faltering job market, Ben will have an excuse for further easing
