Financial Review

…$50 billion in tariffs on Chinese goods. Trade war launched.  Manafort in jail, likely to flip; maybe Cohen, too. Financial Review by Sinclair Noe for 06-15-2018 DOW – 84 = 25,090 SPX – 2 = 2779 NAS – 14 = 7746 RUT – 0.82 = 1683 10 Y – .02 = 2.92% OIL – 2.57 = 64.32 GOLD – 23.00 = 1279.90   It’s a trade war. At least that’s what China is calling it. Stock market investors are starting to think it’s more than posturing. The day’s losses were concentrated in the Dow Jones Industrial Average, which has outsize exposure to the kind of multinationals that are the most correlated to trade issues. While the S&P 500 turned lower for the week with the day’s decline, the Nasdaq remained near the record it closed at yesterday.   In March, Trump announced plans for at least $50 billion in tariffs over longstanding concerns about China’s unfair trade policies that required U.S. companies to transfer technology to China’s domestic businesses, as well as the theft of trade secrets. Then in April, the administration provide