Only one thing for it, really...

Stocks did not 'love' the great headline jobs data... worst day for S&P and Dow since Jan 5th

Bonds did not 'love' the great headlines jobs data - Treasury yields soared 10-13bps on the day and 20-25bps on the week (2Y +11bps on the week) - 2nd worst week for bonds sine June 2013's Taper Tantrum -  note that 30Y rallied 3bps off the highs as stocks accelerated lower...

Commodities did not 'love' the great headlines jobs data

Global currencies did not 'love' the great headlines jobs data - best week for the US Dollar since September 2011

But apart from that... everything is awesome?

AAPL in The Dow... awesome

Nasdaq 5000... so long ago now...

On the day - the S&P and Dow had their worst day since Jan 5th...

All major indies are now red for March... (and the week)

All sectors back into the red now on the week...

Year-To-Date, Trannies are comfortably red, Dow dropped back to practically unch...

On the week, Treasury yields were smashed higher...

The US Dollar surged all week...

Commodities faded all week as the USD strengthened (apart from oil) but once crude woke up to what China did, it dumped...

Who could have seen this coming?

cost of funding?

Fundamentals...

One last thing - for everyone confused at how everything can be sold? Where did all the money go? Where did it rotate to? The answer is very simple - it's not real money - it's leveraged carry trades, and the expectations for a rate hike dramatically raise the risk of those positions and this that leverage is reduced and credit extinguished... it does not "go" anywhere...

Charts: Bloomberg