…..The Battle of Mosul. Yellen looks at a high pressure economy. Rosengren fears inflation. Fischer fears recession. Factory output inches up. Earnings season: BofA beats, Netflix crushes, IBM still bleeding. No Apple car. Tesla and Panasonic to build solar. Samsung goes small in chips. The beginning of the end of HFCs. Financial Review by Sinclair Noe for 10-17-2016 DOW – 51 = 18,086 SPX – 6 = 2126 NAS – 14 = 5199 10 Y – .03 = 1.76% OIL – .31 = 50.04 GOLD Kurdish forces advanced on villages near Mosul, the start of a campaign to reclaim Iraq’s second-largest city from Islamic State militants who seized it more than two years ago. U.S. warplanes are providing air support for the operation, which involves nearly 30,000 Iraqi and Kurdish troops.   Government bond yields climbed around the world after Friday’s comments by Federal Reserve Chair Janet Yellen fueled bets that U.S. policymakers may be prepared to tolerate faster inflation in the interests of a more emphatic economic recovery.   By the middle of next year, Federal Reserve Bank of Boston President Eric Rosengren says he expects unemployment to fall to 4.7 percent and inflation to beat the Fed’s 2 percent target, leaving policymakers at risk of having to squelch the recovery with faster-than-expected rate increases. Rosengren said: “If you wait too long … the more likely you are going to have to do it more quickly … The less likely you are to calibrate it just right.” The result: a jobless rate that might ...