…..First quarter wrap-up. PCE inflation on the rise – tops Fed target. Consumer spending inches up, but we lost spending power due to inflation. Consumer sentiment very strong. Telecoms bow to consumers over privacy, but net neutrality on the horizon. Airbus and Boeing unveil new planes. SpaceX reuses its rocket. Highways crumble in Atlanta. Financial Review by Sinclair Noe for 03-31-2017 DOW – 65 = 20,663 SPX – 5 = 2362 NAS – 2 = 5911 RUT + 3 = 1385 10 Y – .02 = 2.40% OIL + .40 = 50.75 GOLD + 6.70 = 1250.20   The Dow Industrial Average posted a 4.9% gain since the start of the year, its sixth straight quarterly gain, its longest streak since 2006. Over the past 6 quarters, the Dow is up 30%. Apple and Boeing were the biggest gainers in the Dow for the first quarter – those 2 stocks accounted for more than one-third of the Dow’s gain for the quarter. Rounding out the Top 5: 3M, Home Depot, and Visa. The big Dow losers were Chevron and Goldman Sachs.   The S&P 500 gained 5.5% in first quarter, best since 2015.   The Nasdaq Composite has registered 29 all-time closing highs since November. The Nasdaq has gained about 530 points in the first 3 months of the year – about a 10% gain, the strongest quarter since the fourth quarter of 2013.   It has been a solid quarter but tame, almost quiet. On average, the S&P 500 ...