There is quite a rally in metals and mining stocks today as US jobs growth exceeded expectations by about 56,000 jobs.  This suggests, for now anyway, that the Fed's efforts to slow the economy are not working.  Will they now resort to even steeper increases in interest rates?

Note here that the Fed can not raise interest rates forever.  As the Fed sells bonds at ever higher interest rates, those rates have to be paid by the government.  At some point, outflows begin to exceed income leading to bankruptcy.  The Fed must find a new course of action soon.  

When will we learn that managed economies always fail?  This one has been around for 109 years, longer than others but with similar frailties.