Consumer spending up with no signs of inflation. Arizona and Illinois election hack. Brazil impeachment update. TTIP de facto fail. Apple’s sweetheart tax deal. SunEdison cannibalized by creditors. The EpiPen price gouge continues generically. Drones will rule the world. Financial Review by Sinclair Noe for 08-29-2016 DOW + 107 = 18,502 SPX + 11 = 2180 NAS + 13 = 5232 10 Y – .07 = 1.57% OIL – .69 = 46.95 GOLD + 2.70 = 1324.20 Federal Reserve Chair Janet Yellen, in a speech Friday, said the case for a rate hike had strengthened, but left open the timing. Fed Vice-chair Stanley Fischer followed up by saying a September hike was a possibility. The Fed will have plenty of economic data in the next few days culminating in Friday’s Jobs Report for August. The market is pricing in a 42% chance of a September interest-rate hike and a 64.7% probability of a rate hike by the end of the year. Over the weekend and today, I read several articles that seemed to relay the basic idea that the Fed is confused and the outlook for rate hikes is muddied. Probably not. I don’t think it’s a done deal but Yellen was pretty straightforward. They haven’t made a decision yet. If Yellen really wanted to say something straightforward, I think the best thing would be to say the Fed won’t be doing anything right now; they’ve done all they can, and now the politicians in Washington need to ...