Financial Review

….Stocks and bonds drop. A busy week on tap: SOTU, FOMC, earnings season, Jobs Report Friday. Consumer spending up, consumer savings down. Dr. Pepper and coffee. More M&A. Crypto-heist in Japan. McCabe out. Wynn in hot water. Falcon Heavy and other Musk flamethrower. Tax day cometh. Financial Review by Sinclair Noe for 01-29-2018   DOW – 177 = 26,439 SPX – 19 = 2853 NAS – 39 = 7466 RUT – 9 = 1598 10 Y + .04 = 2.70% OIL – .62 = 65.52 GOLD – 9.40 = 1340.90   The Dow and the S&P 500 indexes marked their biggest one-day percentage declines in about five months. The S&P 500 is still up 6.7% in January. 10-year Treasury note yields hit their highest since 2014.   This should be a very interesting week. Tuesday evening brings the State of the Union speech. The White House announced last week that the president would release his complete immigration policy framework before the State of the Union, so this will almost certainly be a centerpiece. Also, expect a victory lap for the recently passed tax legislation, plus t