Fast money starts right now live from the NASDAQ market site overlooking New York

City's Times Square. I'm Melissa Lear. Traders on the desk or Tim Seymour, Brian Kelly,

Stephen Grosso and Guyadami. We start off with the major market rally. The Dow and s and he both having their best weeks of the year the dowel up 250 points today

Because well bad news is good news once again a weak jobs report sparked a fresh round of Fed cut euphoria and there could be

more bad news on the way as there's no deal so far between the US and Mexico

yet tariffs could go into effect as early as Monday. So with Wall Street betting the Fed is ready to step in as good news, bad news,

is bad news, good news again.

And if there's more bad news next week, what does that mean for the market?

That's the most confusing

I'm considering yes. I looked over at you. This is bad news. I see the game? No because I get

scared when you're. Okay so let's walk. No, I understand. It's good news now, good news and it's good, right?

That's your question.

Yeah.

Well Steve, I mean, Steve answered this last night where he thought good news was good and bad was good.

He was right today.

And he may be right for the next couple couple weeks. I still think it's madness to

think the Fed with a 3.6 unemployment rate with the greatest economy in the

history of mankind according to the president needs to lower rates but

that's what the market seems to think so

full speed ahead I will tell you I've been scared all week I'm more scared now

but the market is telling clearly a different story that I want to either interpret or

acknowledge I think the rates and the Fed are the most different story that I want to either interpret or acknowledge.

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