THIS IS WHAT HAPPENS WHEN THE MARKETS GET ILLIQUID!Bubba asks the Badger about how he felt regarding the jobs report number being released when the equity markets were closed. The Badger thinks that it is ridiculous to release big numbers like this when there are no traders to provide liquidity. Bubba comments on how poorly the future equity markets reacted to the news. Bubba asks the Badger to explain the new pricing index of thirty year bonds.Bubba comments on the fact that despite what everyone maintains the price of bonds continues to rise. He asks the Badger what he thinks about the Fed and the current interest rate climate. The Badger comments how extreme this climate is and what it was like thirty years ago. He mentions how Bill Gross figured out that bonds were going to be a good investment for a very long time to come in 1984 and he was correct.Bubba talks about the need for technical analysis if you want to be involved in the markets. Badger explains that he believes that price discovery leaves a footprint and that footprint helps to follow where the markets are headed. Bubba uses the example to what happened to Apple Inc. in 2013 when everyone knew that the price could only go higher and how people will get into denial when things go wrong.Bubba comments about the current status of the business climate in the U.S. He believes that as companies lower their expectations that enable them to beat their earnings estimate but he feels that is not good for the economy. He questions the Feds enthusiasm for raising interest rates at time when there is no inflation and the jobs that are being created are mostly entry level positions.