The post non-farm payrolls trade has been dizzying ...Middle East

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This is some tough price action to make sense of, let alone make money with.It's been back-and-forth nonstop today since non-farm payrolls. The dollar rallied initially, which is what you would expect on falling unemployment. But it quickly gave it all back, then rallied again. Wash, rinse, repeat.Flows have been a big part of market dynamics and the market has been aggressive in pricing in Fed cuts without a lot of data to back that up. Layer on that is the blowup of the extremely-crowded yen trade.Now we're getting some retracement in bonds but stocks are holding up and the dollar isn't sure which way to go. There's a school of thought that inflation can (and will) come back to the Fed's t

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