Financial Review

…China responds to US tariffs. Markets tumble, then recover, for now. Tariff losers and losers. Implications for global markets and central banks. Troops sent to the border. Nafta wiggle. Facebook breach grows. Financial Review by Sinclair Noe for 04-04-2018   DOW + 230 = 24,264 SPX + 30 = 2644 NAS + 100 = 7042 RUT + 19 = 1531 10 Y un = 2.79% OIL + .05 = 63.56 GOLD + .60 = 1333.80   China is planning to retaliate against the US in an escalating trade conflict. China will impose tariffs on more than 106 American products with a combined trading value of over $50 billion. U.S. farmers, plane- and automakers are likely to bear the brunt. The nation wasted no time firing back, making their announcement just hours after Trump made similar proposals on Chinese products. The news hit stock markets hard this morning. The Nasdaq Comp dropped 2.1% intraday. The S&P 500 was down 1.6%. The Dow Industrials slid 2.1%, or 510 points.   Trump’s list was notable for how hard it worked to minimize the pain felt by American con