#BTC [Agency: The non-farm payrolls report does not have much to dislike, and the Fed does not have a sense of urgency to cut interest rates] On April 4, Brian Jacobsen, chief economist of Annex Wealth Management, said that there was not much dislike in the employment report, and the total working hours and total weekly income increased; Federal layoffs are out, but not completely, and will not show up in a few more months. The diffusion index in the manufacturing sector is very bad, with only 1,000 jobs added to the industry as a whole. This suggests that hopes for growth in the manufacturing sector have now faded. The Fed will not meet in another month, and if tariffs remain in place by then, it can easily cut rates, although it is unlikely to have a sense of urgency to cut rates.