…..Dow and S&P hit record high closes. Jay Powell possible Fed head. ACA fix maybe. Amazon’s HQ2 and slobbering cities. The lies of fossil fuels. Black Monday + 30 years. Financial Review by Sinclair Noe for 10-19-2017   DOW + 5 = 23,163 SPX + 0.84 = 2562 NAS – 19 = 6605 RUT – 3 = 1502 10 Y – .02 = 2.32% OIL – .64 = 51.40 GOLD + 9.20 = 1290.70   Somehow, the Dow managed to pull another record out of the hat. Major market indices were down most of the day – the Dow was down 105 points this morning – but the Dow and S&P clawed back to positive in the final minutes of trading.   Janet Yellen went to the White House today for a meeting with Trump, billed as some sort of job interview. If Yellen was smart, and she is, she probably let it be known that she was ready to move on when her term as Fed Chairwoman ends in February and she maybe offered a little advice on how not to blow up the economy. The meeting lasted about 30 minutes.   Politico reports Federal Reserve Governor Jerome Powell is the leading candidate to become the chair of the Fed. Powell has been heavily favored by Treasury Secretary Steven Mnuchin, who is leading the Fed chair search for Trump. Other finalists include former Fed Governor Kevin Warsh, Stanford economist John Taylor and National Economic Council Director Gary Cohn. I ...