…..A November to remember as stocks hit records and bonds bleed. OPEC agrees to production cuts – oil soars. ADP says 216k new jobs. Consumer spending rose, inflation not so much. Beige Book confirms Fed rate hike. Mnuchin and Ross picked for Treasury and Commerce. Carrier keeps half of workers in Indiana. Lucid has big plans for Casa Grande. Financial Review by Sinclair Noe for 11-30-2016. DOW + 1 = 19,123 SPX – 5 = 2198 NAS – 56 = 5323 RUT – 5 = 1322 10Y + .07 = 2.37% OIL + 3.76 = 48.99 (8.31%) GOLD – 14.90 = 1174.00 The Dow and the S&P 500 hit intraday highs but could not hold on for the close. For the month, the Dow was up 5.4%, the S&P 500 was up 3.4% and the Nasdaq was up 2.6%. All three indexes hit record highs this month The Russell 2000 index of small cap stocks also hit record highs, up 11%, the best month for small caps since October 2011. US Financial Stocks +14% – best since April 2009. US Energy Stocks +9% – best since October 2015. FANG Stocks -6.2% – worst since March 2014. “Most Shorted” Stocks +11% – best since September 2010. US Treasury Bonds -8% – worst since January 2009. The yield on the 10-year Treasury note jumped 54 basis points on the month. Emerging Market Bonds -4.7% – worst since May 2013. The strong dollar got stronger and remains the cleanest ...