If you remember your corporate finance class, that rapid rise in the discount rate means businesses will suddenly be worth far less than they are in today's distorted public markets. The results could be ugly and they could come sooner than expected. An upbeat September employment report, in which job creation figures from July and August were revised upwards and the unemployment rate was reported to be at its lowest level in nearly four years at 7.8% pushed the S&P 500 down slightly on Friday. While the report was not as strong as the headline numbers would suggest, given the jump in the number of self-employed individuals and continued declines in the labor force participation rate, the numbers do indicate that the economy is, at worst, beginning to move more reliably from job destruction to job creation. The Fed has made clear that it will pull the rug out from under the Treasury market (the Fed used slightly different vernacular) the moment the jobs picture looks better. Buyers in the Fed-addicted public equity markets beware. The increasingly critical role of government bureaucrats in the economy adds substantial uncertainty to public market investing. But this is good news for private investment platforms such as CircleUp , which I founded, in part, on the premise that investors want to be rewarded for fundamental analysis and not for playing the guessing game regarding how and when the government will intervene in the economy next. The JOBS Act, signed into law in early April, facilitated fundraising by private companies and added liquidity to the private market. As individual investors lose confidence in the public markets, the shift to the increasingly liquid private market should continue. Online private investing platforms such as CircleUp will allow individual investors, Registered Investment Advisors, and family offices to find that private market diversification they seek. This article was written by an independent contributor, separate from TheStreet's regular news coverage.