Financial Review

Ever-Flowing Streams

Informações:

Synopsis

….Mike Flynn pleads guilty, will roll over. Tax bill vote cometh right soon. Otherwise, a slow news day.   Financial Review by Sinclair Noe for 12-01-2017 DOW – .40 = 24,231 SPX – 5 = 2642 NAS – 26 = 6847 RUT – 7 = 1537 10 Y – .06 = 2.36 OIL + .90 = 58.30 GOLD + 5.00 = 1280.60   Markets started the session wobbling between positive and negative; waiting for word on tax legislation. Then a political bombshell dropped. The major averages hit their session lows on the report, with the Dow Jones industrial average briefly dropping 350 points.   Mike Flynn, former National Security Adviser pleaded guilty to one count of lying to the FBI about contacts with Russia’s ambassador. Prosecutors said he consulted with a senior official in Donald Trump’s presidential transition team before speaking to the envoy. Flynn became the first member of Trump’s administration to plead guilty to a crime uncovered by the special counsel investigation into Russia’s alleged attempts to influence the 2016 U.S. presidential election. Th