…..Retail sales rebound. Consumer sentiment dips – blame the election, it is driving us crazy. PPI up. Treasury tackles earnings stripping. Janet Yellen on the grand experiment of economics and the path forward. Earnings: JPM (zero systemic problems but billions in fines), C, WFC (Ohio puts Wells Fargo on probation). A faster server. Financial Review by Sinclair Noe for 10-14-2016. DOW + 39 = 18,138 SPX + 0.43 = 2132 NAS + 0.83 = 5214 10 Y + .03 = 1.77% OIL – .11 = 50.33 GOLD – 7.30 = 1251.50 Sales at US retail stores rebounded in September, with auto dealers and gas stations racking up the biggest gains. Retail sales rose 0.6% last month to snap back from a small decline in August that was the first in five months. In September, receipts at auto dealers increased 1.1%. Still, auto dealers relied on sharply higher discounts to lure buyers, as demand for new cars and trucks appears to be leveling off after a years-long boom in sales. Auto purchases account for about one-fifth of all retail spending. Sales at gas stations climbed a seasonally adjusted 2.4%. We weren’t buying more gas, just paying more. Department stores suffered a 0.7 percent sales decline in September, part of a long-term slowdown for the anchor tenants at many shopping malls that increasingly must compete with online outlets. But even online sales were soft. They rose a mere 0.3 percent in September, compared with recent monthly gains averaging nearly 1 percent. ...