…Dow record close. IMF won’t get fooled again. Tax reform version 3.0. EPA fights for whale oil. P&G proxy vote fails. Walmart battles Amazon, but profits before innovation. US & South Korea military hack. Deloitte hack is getting worse. NoCal’s worst wildfire. Financial Review by Sinclair Noe for 10-10-2017 DOW + 69 = 22,830 SPX + 5 = 2550 NAS + 7 = 6587 RUT + 4 = 1508 10 Y – .02 = 2.35% OIL + 1.34 = 50.92 GOLD + 3.90 = 1288.50   The Dow and the Nasdaq opened at record high. The Dow Industrials managed to hang on for a record high close. Only two of the 11 primary S&P 500 sectors are in negative territory for the year, and for broader indexes, even mild pullbacks of 3% have basically been nonexistent for months. Volatility is near record lows. Other regions have also reported strong gains: European equities are up more than 20% this year, as are emerging markets. Basically every country—as gauged by the most popular single-country exchange-traded funds—is positive on the year.   The International Monetary Fund is holding a meeting in Washington. Today a reporter asked Maurice Obstfeld, the chief economist at the International Monetary Fund: “Are financial markets being irrationally exuberant?” Obstfeld’s response? “Maybe.” And he went on to add: “To some degree, asset prices are being supported by very, very low interest rates. They are supported by growth expectations that could be disappointed. Our assessment that longer-term growth rates, particularly in advanced economies, ...