Financial Review

…Stocks fall again. October turns nasty. Boeing takes trade war hit. UK to tax big tech. Italy dodges downgrade. Merkel lame duck. Jair Bolsonaro elected president of Brazil. Earnings season offers few rewards. Financial Review by Sinclair Noe for 10-29-2018 DOW – 245 = 24,442 SPX – 17 = 2641 NAS – 116 = 7050 RUT – 6 = 1477 10 Y + .01 = 3.09% OIL – .90 = 66.69 GOLD – 4.20 = 1229.60   Today was a microcosm of the month’s trading activity: started strong, faded, turned negative, never really recovered. Today, the fade was significant, more than 900 points from intraday high to intraday low, and almost 600 points from intraday high to close. After a series of sharp sell-offs in recent weeks, the US indices are on track for their worst month since the financial crisis. A sell-off like this one can be unnerving, in part because they suggest all is not well with the broader economy.   Boeing shares fell more than 8 percent today, heading for their worst daily performance since January 2016. Much of Boeing’s decline