Financial Review

…Rexit. Qualcomm-Broadcom toast. CPI mild. UK v. Russia. Tech slips. Home prices higher. VW goes electric. Financial Review by Sinclair Noe for 03-13-2018   DOW – 171 = 25,007 SPX – 17 = 2765 NAS – 77 = 7511 RUT – 9 = 1592 10 Y – .02 = 2.85% OIL – .51 = 60.85 GOLD + 3.30 = 1326.90   Three major stories today, not necessarily in chronological order: Secretary of State Rex Tillerson was fired; the Qualcomm-Broadcom deal is toast; and inflation is back but not a big problem.   Trump fired Secretary of State Rex Tillerson this morning in a tweet. Trump said he is nominating CIA director Mike Pompeo as Tillerson’s replacement, which requires confirmation by the Senate. Trump has tapped Gina Haspel to head the CIA. Haspel, the current deputy director, is a career agency employee who once ran a CIA ” black site” facility in Thailand where detainees were subjected to torture including waterboarding. Tillerson is the second Cabinet official to resign, following former Health and Human Services Secretary Tom Price, who