Slowing? ADP Jobs Added In March Cools To 145k As Fed Withdraws Punch Bowl (Fed Rate Reversal On Radar)

We are truly addicted to gov! Or at least cheap money from The Federal Reserve.

March’s ADP job report shows the US economy only added 145k jobs as The Fed removes its punch bowl. For the moment.

Its simply irresistable for the government to turn back on the printing press.

And then we have domestic banks reporting stronger demand for C&I Loans and real estate loan (for construction and development purposes) slumping to financial crisis lows.

The US economy is slowing.