…Wall Street rallies. Waiting on earnings. Consumer borrowing spikes. Buybacks spike. US-China trade war, history suggests pain. Soft v hard Brexit triggers resignations. The state of oil. Financial Review by Sinclair Noe for 07-09-2018 DOW + 320 = 24,776 SPX + 24 = 2784 NAS + 67 = 7756 RUT + 10 = 1704 10 Y + .03 = 2.86% OIL + .21 = 74.01 GOLD + 2.70 = 1258.20 Wall Street is enjoying a hot start to the month of July. Still, the Dow has just barely managed to move into positive territory for the year to date. And the S&P 500 is up about 3.2% year-to-date. The Russell 2000 index of small caps stocks has posted solid gains of nearly 9% for 2018.   Bank stocks rose at least 2.5 percent, led by Bank of America, Citigroup, Goldman Sachs and J.P. Morgan Chase. The SPDR S&P Bank ETF (KBE) rose 2.3 percent and posted its best day since March 26, when it gained 3.3 percent. JPMorgan Chase, Wells Fargo and Citigroup are scheduled to report results on Friday, kicking off the second-quarter earnings season in earnest.   Consumer borrowing picked up in May. According to the Federal Reserve, total consumer credit increased $24.6 billion in May to a seasonally adjusted $3.9 trillion. That’s an annual growth rate of 7.6%. This is the fastest pace of credit growth since November. Credit grew a revised $10.3 billion in April, up from the prior estimate of $9.3 billion. Revolving credit, like ...