Financial Review

….Economy added 228,000 new jobs in November. Unemployment rate 4.1%. U-6 at 8%. Green light for Fed rate hikes. No reason for tax cuts. Financial Review by Sinclair Noe for 12-08-2017   DOW + 117 = 24,329 SPX + 14 = 2651 NAS + 27 = 6840 RUT + 1 = 1521 10 Y + .01 = 2.38% OIL + .67 = 57.36 GOLD + .90 = 1248.70   The economy added 228,000 new jobs in November, beating expectations for about 200,000. The unemployment rate was unchanged at 4.1%, a 17-year low.   October job gains were revised lower, to 244,000 from 261,000. The increase in jobs in September was raised to 38,000 from 18,000. Hurricane damage skewed the past two employment reports, with the storms temporarily pushing hundreds of thousands of workers, particularly in the service sector, out of their jobs. They largely flocked back in October, accounting for much of the month’s larger-than-usual job growth. Payrolls for September and October were revised up by a combined 3 thousand. Accounting for these revisions, job gains have averaged 170,000 over