…..Stock dip. Household wealth rises, for some. Maria may wipe out PR bondholders. SEC hacked. S& P downgrades China, China agrees to impose sanctions on North Korea. Everybody hates the Graham-Cassidy health bill. Financial Review by Sinclair Noe for 09-21-2017   DOW – 53 = 22,359 SPX – 7 = 2500 NAS – 33 = 6422 RUT – 1 = 1444 10 Y un = 2.28% OIL + .02 = 50.71 GOLD – 9.90 = 1291.60   We knew the record highs on Wall Street wouldn’t last and today, finally, we saw a dip. Not enough to change the trend, not yet anyway. It’s been a good run. The net worth of households climbed by $1.7 trillion in the second quarter. The Federal Reserve said that the net worth of households and nonprofits rose by 1.7%, to $96.2 trillion, as the value of equities rose by $1.1 trillion and the value of real estate rose by about $600 billion. Those gains aren’t distributed evenly. American households’ total wealth is about $96 trillion. That’s more than three-quarters of a million dollars for every American household. But roughly 50% of households have zero or negative wealth.  So the headline numbers don’t tell the full story. An earlier report from the Federal Reserve said that less than half of all families hold stocks. Meanwhile, household debt grew at a 3.7% rate, again driven by student and auto loans. Mortgage debt excluding charge-offs rose 2.8%. State and local government debt meanwhile contracted by 1%, the second contraction ...