…..A bad month for bonds. Qualcomm buys NXP. Alphabet/Google beats. Amazon misses. Deutsche Bank posts profit and angst. Wallonia relents. UK GDP grows. Durable goods orders fall. ZTO IPO thud. Exxon must turn over documents on climate change. The forecast for winter – warm and dry. Financial Review by Sinclair Noe for 10-27-2016 DOW – 26 = 18,169 SPX – 6 = 2133 NAS – 34 = 5215 10 Y + .05 = 1.84% OIL + .44 = 49.62 GOLD + 2.10 = 1240.00 This has been a tough month for global bonds and the selloff continued today. Treasuries tumbled and the dollar rose to a seven-month high amid increasing wagers the Federal Reserve will boost borrowing costs in December. Tomorrow we’ll get the first read on third quarter GDP, and it is expected to show a notable improvement after a sluggish first half. Traders sent bonds toward their worst month since 2014. A few days ago we told you that Qualcomm was in talks with NXP Semiconductor; today they announced a deal. Qualcomm will acquire NXP for about $38 billion, or $47 billion including debt. Qualcomm will pay $110 a share in cash for each NXP share outstanding, which represents an 11% premium to Wednesday’s closing price. Qualcomm has been a leader in chips for smartphones, a market which is starting to cool off. NXP, based in the Netherlands, became the world’s biggest maker of automotive electronics after it bought U.S.-based Freescale Semiconductor for about $12 billion ...