Good Friday morning. Heads up: I’m scheduled to be on Fox Business ‘Making Money’ with Charles Payne in the 2PM EST hour. And thanks again to our great friend Wayne Allyn Root for having me on his new show on 'Frank Speech' last night.

Breaking: minutes ago we learned that the August employment report came in with 142,000 jobs created and an unemployment rate of 4.2%.

Estimates had job growth at 165,000 jobs, meaning this was a slight miss, however job growth over the last 2 months was also revised lower by a combined 86,000 jobs. We also learned that average hourly earnings grew by .4%, which was a beat to estimates.

Following last months revision lower of more than 800,000 jobs over the last year, the obvious question is; “can we even trust this number”?

Finally, the inside baseball from Tyler, our resident Fed watcher; we also learned that full-time workers fell by 438,000 in the month of August while part time workers grew by 527,000. Not exactly an endorsement of "Bide...