Financial Review

….Stocks drop hard and fast. Amazon, Berkshire, and JPMorgan are doing something with healthcare; nobody knows what, but it is big. Healthcare shares tumble. Earnings disappoint. Apple under investigation. Consumer confidence up. Home prices inch higher. Nyet to Russian sanctions. Crypto continues to unravel. Financial Review by Sinclair Noe for 01-30-2018   DOW – 362 = 26,076 SPX – 31 = 2822 NAS – 64 = 7402 RUT – 15 =1582 10 Y + .03 = 2.73% OIL – 1.18 = 64.38 GOLD – 1.80 = 1339.10 It was just ugly. At one point, the Dow was down 411 points. Remember the Dow dropped 177 points yesterday. The slide marked stocks’ weakest two-day performance in at least six months. The administration has just passed a deficit-funded tax cut and is looking to deregulate the financial sector. They’re piling that atop a system that’s awash in liquidity. There is a chance that this kind of stuff might be a bit inflationary. At least that is the thinking in the bond market. Yield on the 10-year Treasury note has jumped to 2.73%; tha