…..Paul Manafort and Rick Gates indicted. George Papadopoulos guilty. Just the beginning. Wall Street looks at phased-in tax cuts. Jay Powell might be next Fed head. Consumer spending jumps. Catalan secession meets harsh reality….. Financial Review by Sinclair Noe for 10-30-2017   DOW – 85 = 23,348 SPX – 9 = 2571 NAS  – 11 = 6690 RUT – 21 = 1487 10 Y – .06 = 2.37% OIL + .22 = 54.12 GOLD + 2.80 = 1277.00   Paul Manafort, the former campaign chairman for the Trump campaign, and Manafort’s former business associate Rick Gates surrendered to federal authorities this morning, part of what appeared to be the first charges in a special counsel investigation. Manafort and Gates were indicted on 12 counts, including false statements to the government, failing to register as a foreign agent, money laundering, failing to report foreign income, and conspiracy against the United States. Their indictment describes a conspiracy to evade taxes and launder at least $75 million of foreign income into the United States from offshore accounts. Manafort and Gates appeared in the Federal District Court in Washington and pleaded not guilty to all charges; they were released to house arrest. The indictment of Manafort and Gates makes no mention of Trump or election meddling, but the 31-page indictment essentially alleged that the president’s onetime top lieutenant was secretly a highly paid agent for pro-Russian foreign interests. Manafort has expected charges since this summer, when F.B.I. agents raided his home and prosecutors warned ...