Financial Review

….Best day for Wall Street since March. Earnings on parade: Goldman, Morgan Stanley, Domino’s, Netlfix, IBM, UnitedHealth, United Air, Target-ing Toys. More than one job for everybody. Paul Allen passes. Financial Review by Sinclair Noe for 10-16-2018 DOW + 547 = 25,798 SPX + 59 = 2809 NAS + 214 = 7645 RUT + 43 = 1596 10 Y – .01 = 3.16% OIL + .11 = 71.89 GOLD – 2.20 = 1225.50   Stocks bounced back for the best single-session gain since March.   A record 85% of fund managers surveyed by Bank of America Merrill Lynch said they think the global economy is in a late cycle, a jump of 11 percentage points from the previous record high from December 2017. A net 38% of respondents said they expect the global economy to decelerate over the next year, the worst outlook since late 2008.   Goldman Sachs reported earnings that topped estimates, with strength in its investment banking business. The bank reported earnings of $6.28 per share, versus the $5.38 expected. Revenue registered at $8.65 billion for the quarter, exc