OPEC meets in Algiers next week. No deals. Banks must scale back betting on commodities. Yahoo breach biggest ever (so far). France passes Germany. Marriott achieves global dominance over hotels. UPS trucks can’t go everywhere. Twitter pops on rumor – how appropriate. For profit college sucks. Why you paid for bonuses at Wells Fargo. Hottest-ever August. Financial Review by Sinclair Noe for 09-23-2016   DOW – 131 = 18,261 SPX – 12 = 2164 NAS – 33 = 5305 10 Y – .02 = 1.61% OIL – 1.73 = 44.59 GOLD + .40 = 1338.10 The Dow Industrials posted a gain of 0.8% for the week. Both the S&P 500 and the Nasdaq were up 1.2% for the week.   Ahead of a major oil summit in Algiers next week, Saudi Arabia reportedly offered to lower its oil production if Iran agrees to cap output this year at its current level of 3.6 million barrels-per-day. Saudi output usually drops in winter and spikes during hot summer months. And even though the Saudis are the largest producers in OPEC, there are several countries that are getting desperate, including Venezuela, Nigeria, Libya, Iraq, and Iran – they will sell whatever they can whenever they can, or face political unrest at home. Even if the meeting in Algiers results in a freeze on production, it might not have a significant impact on prices because US shale producers could pick up the difference.   Based, in part, on news of an agreement on a ...