Financial Review

…No geopolitical collapse, stocks rally. Retail sales up. Inventories higher. 2-yr. note yield highest in almost a decade. Earnings look good, but priced in already. Netflix adds users. BofA has record profits. Suspicious groups on Facebook. Merck scores with immunotherapy. Financial Review by Sinclair Noe for 04-16-2018 DOW + 212 = 24,573 SPX + 21 = 2677 NAS + 49 = 7156 RUT + 13 = 1563 10 Y  un = 2.83% OIL – 1.05 = 66.34 GOLD + .10 = 1346.50   The price of oil fell as traders started to see a decreased likelihood of further escalation between Western powers and Syria, following Friday night’s air strikes. A coalition of the USA, UK, and France led targeted strikes on bases in Syria on Friday evening. British foreign secretary Boris Johnson told the media that the UK has no current plans for more strikes, while Trump tweeted over the weekend “Mission Accomplished!” So, it was a quick, minor action that did not disrupt oil supplies in the region, and prices dropped.   Any Russian retaliation appears to be limi