…..CPI shows inflation. Jobless claims plummet. AZ unemployment dips. Yellen says rate hike relatively soon. The Minneapolis Plan to avoid another bank bailout and break up the big banks (that’s a bonus). Abe in search of a transition team. Tesla-Solar City – done deal. SpaceX satellite plan. Citi Australia goes cashless. JPMorgan’s Chinese bribe. Wells Fargo loses customers. Valeant-Philidor execs arrested. Ford in India. Financial Review by Sinclair Noe for 11-17-2016 DOW + 35 = 18,903 SPX + 10 = 2187 NAS + 39 = 5333 10 Y + .05 = 2.28% OIL – .58 = 45.52 GOLD The S&P 500 is close to a record high of 2190. Not today, but close.   The Labor Department reports the Consumer Price Index increased 0.4 percent last month, the biggest increase in six months. In the 12 months through October, the CPI advanced 1.6 percent. Gasoline prices jumped 7 percent last month and rents increased 0.4 percent; food prices were unchanged.   Underlying inflation, however, remained moderate. The core CPI, which strips out food and energy costs, climbed 0.1 percent last month after a similar gain in September. That slowed the year-on-year increase in the core CPI to 2.1 percent.   The number of people who applied for unemployment benefits last week dropped by 19,000 to 235,000, a 43 year low. Initial claims have been under the key 300,000 threshold for 89 straight weeks. Companies have ramped up hiring over the past five years, and many complain they cannot find enough skilled ...