Waiting on the Fed and the BOJ. 3Q slows. Housing starts down. Mr. Stumpf goes to Washington. PM May goes to Wall Street. Bitcoin is money – who knew? Bayer tries to hide Monsanto name. Did I forget to tell you to buy Tobira yesterday? Mylan’s EpiPen move faces Medicare fraud investigation. Rules for Robo-cars. Bundling for mobile phone payments. Financial Review by Sinclair Noe for 09-20-2016 DOW + 9 = 18,129 SPX + 0.64 = 2139 NAS + 6 = 5241 10 Y – .01 = 1.69% OIL + .57 = 44.43 GOLD + 1.80 = 1315.60 The Federal Reserve FOMC has started a 2-day meeting. The Fed is likely to hold interest rates steady this week…, however, it might be a closer call than the markets expect. In the past week, the Fed has increased its portfolio. A build up in reserves supports markets. That may give added cushion to markets heading into their FOMC decision tomorrow. Before we find out what the Fed will do, we will get a statement from the Bank of Japan, which is still pushing on a string, still trying to underpin stocks and real estate, still trying to turn deflationary realities into some kind of magical 2% inflationary panacea. The BOJ will probably push interest rates even deeper into negative territory. They’ll probably buy more government bonds, more corporate bonds, and more equities if they have to. They’ll buy foreign government bonds to lower those rates to manipulate the yen down to spur export ...