…..Stocks bounce back. A 3 month deal on debt ceiling. Highest taxes? Nope. Fischer resigns from Fed. Beige Book moderation. Trade deficit up. Service sector solid. Irma on the way. Closing the Gap. RH bounce. Intel win. New Leaf. Financial Review by Sinclair Noe for 09-06-2017   DOW + 54 = 21,807 SPX + 7 = 2465 NAS + 17 = 6393 RUT + 2 = 1402 10 Y + .04 = 2.11 OIL + .55 = 49.17 GOLD – 5.90 = 1334.50   The major stock indices did what they have been doing all year – shrugged off worries and continued on the trend. In the background, the economy continues to slog along with good, not great growth. Companies continue to report good earnings. Expectations for tax reform and infrastructure spending are diminishing but on the bright side we are not engaged in a nuclear war with North Korea, so it all kind of balances out. Bank of America Merrill Lynch, for one, thinks investors should be more confident on equities. The firm said in a research note that it recommends being bullish given that the first synchronized upswing in the global economy since 2007 is a strong tailwind for earnings. By its reckoning, the firm figures that global corporate profits are running 13.5 percent higher than last year. That’s in line with the gain in the benchmark MSCI All-World Country Index, suggesting stock prices have not gotten ahead of themselves. To be sure, there are plenty of other issues ...