Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc To Market website to recap the strong BLS jobs data released this morning, the Fed meeting and press conference, and what factors/data markets are trading off of. We look at market moves compared to the soft landing vs recession vs economic growth narrative and how Fed rate cut expectations are factoring in. We also discuss market breadth, which is looked at negatively but over the last year has been in a continued strong market.