…..Dow record high close; Russell 2000, too. Don’t get complacent. Trade deficit jumps. Italian banks on the edge. No deal for austerity weary Greeks. OPEC already cheating on output. Los Angeles threat alert. Amazon automates groceries. SCOTUS says Samsung only stole a little of the Apple iPhone. SCOTUS defines insider trading. #extremists. 5G someday. Financial Review by Sinclair Noe for 12-06-2016 DOW + 35 = 19,251 SPX + 7 = 2212 NAS + 24 = 5333 RUT + 14 = 1352 10 Y + .01 = 2.40% OIL – .95 = 51.88 GOLD – .80 = 1170.20 Another record high for the Dow industrial average. This is starting to be old hat. Also a record high for the Russell 2000 –  close but no cigar for the S&P. Still, it looks like the stock market, at least the US stock market loves the idea of Trumponomics, at least for now. The rest of the financial world – not so much. The bond market certainly has not been happy. Government bond prices have unraveled. The yield on the benchmark 10-year Treasury note for example, surged from 1.6% at the end of September to 2.40% today. And there is the inverse relationship to price and yield; as yield moves higher prices moves lower, or in this case prices have cratered. So is the stock market or the bond market smarter when it comes to predicting what’s next for broader financial markets and the economy? Will inflation sour the growth outlook, and which market ...