The 250,000 new jobs in April is likely to cause continued rate increases by the Fed. Coupled with a further jump in the hourly wage rate, it doesn’t appear that the end of this cycle is near. Somehow we need to find more workers to meet the demand or the Fed will continue to push the rates to kill the growth. It seems there is way too much money being pumped out through our gov’t, which just adds fuel to the fire. A good place to start is with the spending reductions as part of the debt ceiling deal, but I doubt that will happen.