The Employment Situation report indicated a participation rate of 62.4%, and the non-farm payrolls number of 431K versus the 490K estimate. "There is no easing of pressures for the Fed with these jobs numbers," says Bob Iaccino. He also weighs in on commodities as President Biden announced a release of strategic reserves over the next 6 months. Will there be an ease of pressures on the energy front? Tune in for the full discussion.
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