JOLTS shows strong labor market. Deficit grows as corporate receipts shrink. Oil drops; Saudis pump American shale producers out of business. BOE can’t buy me bonds. The politics of burgers; Wendy’s un-zapped. Solar doesn’t shine. Happy birthday Google, or Alphabet, or whatever. Financial Review by Sinclair Noe for 08-10-2016 DOW – 37 = 18,495 SPX – 6 = 2175 NAS – 20 = 5204 10 Y – .04 = 1.51% OIL – 1.28 = 41.49 GOLD + 5.20 = 1346.80 Job openings increased in June, and more people were hired. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed there were 5.62 million openings, up from 5.51 million in May, but still a bit below the all-time high of 5.84 notched in April. There were 5.13 million people hired during the month, also an increase from the 5.05 million in May. Slightly fewer people quit voluntarily, but the 2.91 million quits in June is nearly double the levels of the worst of the recession. Quits are tracked as a measure of worker confidence in job prospects. The federal government’s budget deficit is up 10% so far this fiscal year. The government’s shortfall for the first 10 months of the year was $514 billion, up from $466 billion in the same period a year ago. Lower-than-expected revenues recently led the Congressional Budget Office to increase its estimate of the 2016 deficit to $590 billion, up from $534 billion. That would be about $150 billion more ...