President Donald Trump woke up to a gut punch Friday morning when the Bureau of Labor Statistics announced that the U.S. economy actually lost 92,000 jobs in February.
As if that weren’t bad enough, as the day unfolded, the price of oil continued to spike as the war in Iran escalated. It likely won’t get better as the oil tankers will be less willing to sail through the Strait of Hormuz, where about a fifth of the world’s oil supply passes.