…..Dow Industrials, Dow Transports, S&P 500, Nasdaq – all close at record highs. $2 trillion rotates from bonds to equities. Fed raises rates next week.  ECB tapers today. Deutsche Bank turns on UBS, HSBC, Bank of Nova Scotia in silver rigging case. Wells Fargo – bad neighbor. ThyssenKrup hacked. Sears in death spiral. Financial Review by Sinclair Noe for 12-08-2016 DOW + 65 = 19,614 SPX + 4 = 2246 NAS + 23 = 5417 RUT + 21 = 1386 10 Y + .04 = 2.39% OIL + .92 = 51.86 GOLD – 2.90 = 1171.40   US stocks are at all-time highs, again. The Dow Industrials, the S&P 500, the Nasdaq Composite, the Dow Transportation Average, and the Russell 2000 hit record highs at the close; for the Dow Industrials, it was the 13th record high since Donald Trump was elected president on November 8. The Dow has climbed a stunning 1,200 points in the month since the election.  Since the election, one month ago, some $2 trillion has shifted from bonds to equities. For stocks, most developed markets have surged while several emerging ones submerged, led by Ghana and Mexico. Russia and Venezuela soared, though that was more due to OPEC’s pact driving up oil prices. Of 94 primary stock indexes tracked by Bloomberg, more than two-thirds climbed in local currency terms, with a median gain of 2 percent. The dollar has also surged. Of the 20 largest markets, comprising 90 percent of world capitalization, seven declined in dollar ...