The Peter Shiff Show.

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Well this jobs number is supposed to be just right because it's not too strong

that it's going to scare the Fed in the hiking rates,

but it's not too weak that we have to worry about a recession and earnings going down.

But this Goldilocks fairy tale, that's basically what it is. I mean, Wall Street

likes to pretend that everything is Goldilocks. But you know, they forget how the story ends, you know, when the bears came back. I forget what happens to

Goldilocks. I don't know if they eat her if she gets away. But the bears are going to come

and they're going to eat Goldilocks porridge or Goldilocks.

But again, this is not a good number.

I know the Biden administration is going to be out.

In fact, on the Sunday morning news shows,

I'm sure you're going to have all these Biden people

talking about Bidenomics and how great the economy is and they're going to point to the

unemployment rate this jobs report and even the coverage you know the

financial media is you know covering the jobs report as if it were a good number.

Not that biggest stock market rally today, but stocks in general were up.

They were up on the week. Everything was up, the dollar was up today,

managed up on the week. Bonds were down. Bonds didn't like this number, but they were still up on the week. Yields fell.

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