US Economy Is Surging -- March 4, 2022

Link here:

• jobs rose a surprisingly strong 678,000.
• unemployment edged lower: 3.8%.
  
• wage inflation? What wage inflation? Wages flat.

Target, the retail store: hiking minimum wage to $24 / hour in some locations. Link here. 

Prior to the jobs report: Dow was running about 300 points in the red. 

After the jobs report: 302 points in the red, pre-market opening, 8:10 a.m. CT. Such a strong jobs report will "force" the Fed to raise rates. But only a 25 basis points. But any rise in interest rates will simply corroborate the strength of the US economy. Let's go, Brandon. Go get 'em.

First group "financial / economic" indicators:

• 10-Year Treasury: link here. Down 9 basis points: 1.755%.
  
• DXY: link here. Up 1%, at $98.79.
  
• Silver: link here. Up another 0.7%; at $25.38.
  
• Gold: link here. Up 0.6%, at $1,948.12. Will we see $2,000 next week?
  
• CBOE volatility index: link here. Explained at Investopedia. Wow, getting to nosebleed levels. At 33.78 up almost 11% since last report.

Another week of not watching CNBC.