…..PPI jumps. Unemployment claims shrink. Ugly day for retail. Waiting for more shoes to drop following Comey firing. Dudley warns against protectionism. Banks are starting to fail, again.   Financial Review by Sinclair Noe for 05-11-2017 DOW – 23 = 20,919 SPX – 5 = 2394 NAS – 13 = 6115 RUT – 9 = 1390 10 Y – .01 = 2.40% OIL + .46 = 47.79 GOLD + 6.00 = 1225.80   This morning, we got two pieces of economic data that show the U.S. economy remains strong, with producer prices — a measure of inflation — rising 0.5% over the prior month, more than the 0.2% that was expected. With last month’s jump in prices, the PPI shot up 2.5% in the 12 months through April. That was the biggest gain since February 2012.  Core PPI, which excludes food, energy prices and trade, rose 0.7% in April after a 0.1% gain in March. Core PPI increased 2.1% in the 12 months through April. Additionally, initial jobless claims also topped expectations, totaling just 236,000 last week, with continuing filings for unemployment insurance hitting the lowest in 28 years. The Bank of England on Thursday left its key interest rate at 0.25%, meeting widely held expectations. It was an ugly day for retail stocks. Macy’s reported earnings per share of $0.24, less than the $0.35 expected by analysts, on same-store sales that dropped 4.6%. Macy’s shares were slammed for a 17% loss today.   Also in retail earnings, Kohl’s reported earnings per share ...