…..Xi in Florida. Syrian options. Senate goes nuclear for Gorsuch. Devin Nunes recused. Glass-Steagall reconsidered. Kashkari calls out Dimon. States downgraded. CMBX, a short trade crowded. Taser-AAXN Financial Review by Sinclair Noe for 04-06-2017 DOW + 14 = 20,662 SPX + 4 = 2357 NAS + 14 = 5878 RUT + 12 = 1364 10 Y – .02 = 2.34% OIL + .55 = 51.70 GOLD – 3.80 = 1252.60 Yesterday saw a big reversal – from triple digit gains on the Dow to a loss at the close. Today’s trading followed that pattern, but not the magnitude. President Trump flew to Florida to hold his first meeting with Chinese President Xi Jinping, facing pressure from a crisis with North Korea, and also working to make good on promises for trade concessions. The US and China account for one-third of the global economy. The two countries not only drive the world economy but also rely critically on one another, a fact that should moderate the decisions of these two strong-willed leaders. Overall, the U.S. rang up a $347 billion trade deficit with China last year, with California responsible for roughly a third of that amount. About 30 states imported at least $1 billion more in Chinese goods than they exported, according to data from the International Trade Administration, an arm of the U.S. Department of Commerce. Tough actions could end up harming many American consumers and businesses. Bloomberg Intelligence Chief Economist Michael McDonough writes: Shoppers at Wal-Mart and Target would see an immediate surge ...