The Fed is not going to cut rates. Looking at Fed Rate futures they only predict increases:

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch...

It's not. 23,000 jobs is 0.01% of the workforce, so it's negligible in terms of lost sales (probably hurts consumer confidence more). But it is a signal that the economy isn't running too hot, so the company's much larger borrowing costs aren't going up.

Maybe we can finally reach communism by first getting together and all agreeing "the economy" isn't a science and if we all just believe really hard, numbers can go up forever, then we won't even need money!

Yesterday they were expecting the report to show 80k+ jobs added. So, this is much, much worse than expected. The market is up because they expect this will keep the fed from raising interest rates, and also because the market is increasingly detached from reality.

There is no good news. This is stagflation. Worst case scenario.

Bad news sells. There is always some bad news to print so you hear about it. That doesn't mean things are bad though.

For a selloff to happen, investors have to believe there is a better place for them to go. At worst, any bad news right now is making everything look equally bad, so there is no advantage to running away from Wall Street in particular.

skill issue. Solved by having the correct model of the world and forces acting on it given (appropriately weighted) current context and your usual variance.

It's usually people who don't understand the context or assign appropriate weights to events and allow randomness that complain about not understanding markets.

Gross dude

That comment should be illegal

Send it back across the Diarrhio Grande