…..Dow record close, again. Economy adds 209,000 jobs in July. Unemployment rate at 4.3%. Wages up 0.3%. Getting closer to full employment but not yet. Fed on track. Financial Review by Sinclair Noe for 08-04-2017 DOW + 66 = 22,092 SPX + 4 = 2476 NAS + 11 = 6351 RUT + 7 = 1412 10 Y + .04 = 2.27% OIL + .49 = 49.52 GOLD – 9.50 = 1259.40 The Dow closed at a record high – the 8th straight record close and the 34th record close this year. For the week, the Dow rose 1.2%, its second straight weekly rise, as well as its fourth positive week of the past five. The S&P rose 0.2% on the week, while the Nasdaq ended lower by 0.4%. The economy added 209,000 new jobs in July. The unemployment rate dropped from 4.4% to 4.3%, that’s a 16-year low. The government also raised its estimate of new jobs created in June to 231,000 from 222,000. May’s gain was reduced to 145,000 from 152,000, however. Over the past 3 months, the economy has added 195,000 jobs per month on average. Payroll gains averaged 180,000 in the first half of 2017, compared with 193,000 in the second half of 2016. During the first six months of Trump’s term, the economy has added 1,027,000 private sector jobs. July marked the 82nd straight month of job growth, a record. The U6 measure for unemployment was unchanged at 8.6%; that reading includes unemployed workers ...