Goldman Sachs says oil rebalancing has begun; how it plays out over time. Plus, M&A on Monday, Warren bites on Apple, Hawaii punches Takata, and Supreme no-decision. Financial Review by Sinclair Noe for 05-16-2016   DOW + 175 = 17,710 SPZ + 20 = 2066 NAS + 57 =4775 10 Y + .05 = 1.75% OIL + 1.66 = 47.87 GOLD + .70 = 1274.50 The National Association of Home Builders’ index of home builder sentiment was 58 for the fourth month in a row. Readings over 50 signal improvement.   A reading of New York-area manufacturing conditions fell sharply in May. The Empire State general business conditions index dropped to a reading of negative 9, from positive 9.6 in April.   This week’s economic calendar includes the April CPI tomorrow, a look at inflation on the retail level and minutes from the Fed’s FOMC meeting last month. And there is a connection between the two reports. In the March 16 FOMC meeting, the Fed stated, “Inflation is expected to remain low in the near term, in part because of earlier declines in energy prices, but to rise to 2 percent over the medium term as the transitory effects of declines in energy and import prices dissipate and the labor market strengthens further.” In other words, when the dollar drops and oil prices go up, we should be at 2% inflation; well, we are pretty much there, or at least closer. The weaker dollar makes imports, including oil, more expensive, and the higher ...