….Repeal replaced by plans that won’t pay. Trump tweet-attacks Puerto Rico. Death toll climbs. Worst wildfire in California history. JPM, C report earnings and prep for defaults. AT&T and cord cutters. PPI pops. Equifax again – seriously. Financial Review by Sinclair Noe for 10-12-2017   DOW – 31 = 22,841 SPX – 4 = 2550 NAS – 12 = 6591 RUT – 1 = 1505 10 Y – .02 = 2.32% OIL – .64 = 50.66 GOLD + 2.00 = 1294.10   For the past 7 years, Republicans have been trying to repeal Obamacare. This year they tried repeal and replace, skinny repeal, and basic repeal – all failed. Now Trump has signed an executive order directing federal agencies to look for ways to expand the use of association health plans, groups of small businesses that pool together to buy health insurance, and to broaden the definition of short-term insurance, which is exempt from the Affordable Care Act’s rules. The ultimate impact will depend on any new regulations written as a result of the order, but overall, the Trump administration could make cheaper plans with skimpier benefits more available. The clear intent of the executive order is to create a parallel insurance market exempt from many of the consumer protections in the Affordable Care Act.   An association health plan is a way for a group of small businesses to pool together to buy insurance, giving them more purchasing power and access to cheaper premiums. The most famous examples have ...