China not a currency manipulator. Yellen is pretty good. Strong dollar bad. NATO not obsolete. Ex-Im is okay. Import prices dropped. Budget deficit jumped. Earnings season kicks off tomorrow. Buffett bails on Wells. Brazilian politics are even crazier. Fewer Americans own homes. United fallout. St. Louis sues Rams. Financial Review by Sinclair Noe for 04-12-2017 DOW – 59 = 20,591 SPX – 8 = 2344 NAS – 30 = 5836 RUT – 17 = 1359 10 Y – .01 = 2.29% OIL – .68 = 52.72 GOLD + 12.60 = 1287.60   The S&P 500 closed below its 50-day moving average for the first time since Nov. 8. The 50-day moving average is a good indicator of the intermediate-term trend. The dollar slumped and Treasury bond yields dropped to the lowest level this year after President Donald Trump said he will not brand China a currency manipulator and added that the greenback was getting too strong. Trump also told the Wall Street Journal that he would prefer the Federal Reserve keep interest rates low. Trump also told the Journal he’d consider re-nominating Yellen to chair the Fed’s board of governors, after attacking her during his campaign. “I like her. I respect her,” Trump said, “It’s very early.” Trump also voiced support for the Export-Import Bank, which helps subsidize some U.S. exports, after opposing it during the campaign. Finally, Trump said NATO is “no longer obsolete” during a press conference today with NATO Secretary General Jens Stoltenberg, backtracking on his past criticism of ...