…..Trump’s budget; big bucks for defense; big cuts for everything else. Travel ban blocked, again. No wiretaps existed. Dutch go for Rutte. BOJ and BOE hold rates steady. JOLTS shows most quits since 2001. Homebuilding jumps. AZ minimum wage stands. Russians indicted in Yahoo hack. Amazon delivers booze. Financial Review by Sinclair Noe for 03-16-2017 DOW – 15 = 20,934 SPX – 3 = 2381 NAS + 0.71 = 5900 RUT + 3 = 1386 10 Y + .01 = 2.52% OIL – .07 = 48.79 GOLD + 6.10 = 1226.80 President Trump will ask the Congress for cuts to many federal programs, and more money to bulk up defense spending. Trump’s budget outline is a blueprint covering just “discretionary” spending for the 2018 fiscal year starting on Oct. 1. It boosts spending for defense, homeland security and veterans’ affairs; the Defense Department budget would increase by $54 billion, which will raise defense spending to $639 billion for fiscal year 2018. The Environmental Protection Agency faces cuts of 31% and the Department of Agriculture would see funding cuts in excess of 20; State Department 28%; Health and Human Services would be cut 16%; Education faces cuts of 14%. Trump’s budget proposes eliminating discretionary funding altogether for at least 19 agencies and 61 other programs. Plans for new NASA missions, climate change research, aid for low-income families, funding for commercial flights to rural airports, public broadcasting, and Meals on Wheels would all be on the chopping block. ...