Financial Review

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….Quiet on Wall Street. CBO scores Senate healthcare bill; 22 million will lose insurance. SCOTUS: upholds most of Trump travel ban for now and will rule in October; will consider whistleblower states; will consider gay wedding cakes; ruled on gay couples being named on birth certificates; ruled on taxpayer grants for church playgrounds; declined a challenge to limits on carrying guns in public. Durable goods orders dip. ISIS hacks state computers. Financial Review by Sinclair Noe for 06-26-2017   DOW + 14 = 21,409 SPX +0.77 = 2439 NAS – 18 = 6247 RUT + 1 = 1416 10 Y UN = 2.14% OIL + .42 = 43.43 GOLD – 12.10 = 1245.50   Another quiet day on Wall Street. That is the new normal. The S&P 500 this year has been more likely to move less than 0.1 percent than to move more than 0.5 percent in a trading session. The index has closed at least 1 percent higher or lower a mere four times this year. The CBOE volatility index has fallen to 23-year lows. And still the market keeps inching higher, more or less. The market is still hovering near record highs.   The non-partisan Congressional Budget Office has released its score of the Better Care Reconciliation Act, this is the Senate version of legislation to repeal and replace Obamacare. The Senate Republican health care bill would leave 22 million fewer Americans with health insurance by 2026 than under Obamacare. And while that is a slight improvement on 23 million ...
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Financial ReviewBy Sinclair Noe