Financial Review

…Waiting on tariffed announcement. Suadis pick Lucid over Tesla. Benioof buys Time. Cigna-Express Scripts OK’ed. Coke is dope. More NAFTA talk. Brexit May’s way or no way. Kavanaugh off track. Flo still dangerous. Financial Review by Sinclair Noe for 09-17-2018 DOW – 92 = 26,062 SPX – 16 = 2888 NAS – 114 = 7895 RUT – 18 = 1703 10 Y + .01 = 3.00% OIL – .08 = 68.83 GOLD + 8.00 = 1202.10 Wall Street had a case of tariff jitters today. The Dow Industrials dropped for the first time in 5 sessions. The Nasdaq had its worst day since July 27. Stocks closed lower on word that the White House would announce additional tariffs on $200 billion worth of Chinese imports after the closing bell. China is the source of more than half of U.S. imports of the products on the $200 billion list, so alternative suppliers will be hard to find. If the tariff rate is set at only 10%, the impact will also be largely offset by the renminbi’s 6% fall against the dollar since the middle of June. Still, that could be enough to ding GDP by