That was a joke of a report. The headline number is so obviously phony, when you have the unemployment rate rising and the household survey falling.
No doubt it will be revised down bigly, just like January was. There is an unbelievable war on the truth in this country.
All that said, I’m stunned at the resilience of the metals so far this am. A few months ago this would have been completely reversed in a nanosecond, and we just keep fighting back. Don’t know if we can keep it up all day but it is astonishing.