Enthusiasm aplenty. But why?

For now, the FED’s new chairman is sending the message that he will be tough on inflation — and the jobs report gives him cover to do so, even though the nonfarm payroll number came in surprisingly low.

Markets are returning from the extended weekend on the wrong foot, with hotter-than-expected economic data and weak corporate guidance from Home Depot and Walmart battering asset prices.

The bond market is growing impatient with rising prices