Now that it looks like the FED will not be raising interest rates anytime soon, the market is all of a sudden back in rally mode.
There is still much confusion over the jobs report, and the reaction on Friday. Those that boil the market down to its most simplistic aspects are rejoicing as they see the Fed holding pat.
Many international markets have struggled over the last few years, with China being the most recent.
The recently slower pace of jobs creation likely takes an interest rate hike off the table when Federal policymakers met in October but a move is still in play for December.