Neutron Bomb Katrina's Fallout
Hurricane Katrina was just like a neutron bomb being set off in New Orleans.
Its not the infrastructure damage or lack of oil refining capacity, but the lack of available labor as New Orleans is a ghost town, all the people are gone poof! and they aren't coming back for quite awhile.
To work a functional port, a refinery, a school etc. you need trained workers. The workers need a place to live, fuctional infrastructure and support services. New Orleans has little or none of the above and won't for some time to come.
Potential short positions on the indices should be examined at this point as the economic effects on the port of New Orleans will begin to rear its ugly head in the next 90 days, commencing with this months outbound harvest.
Potential calls on commodities such as grains, softs, pork, chicken and other materials, lumber, metals, etc. might also be in order as supply is going to be choked off by the logistics snafu and rebuilding demands, so prices will rise.
Its not the infrastructure damage or lack of oil refining capacity, but the lack of available labor as New Orleans is a ghost town, all the people are gone poof! and they aren't coming back for quite awhile.
To work a functional port, a refinery, a school etc. you need trained workers. The workers need a place to live, fuctional infrastructure and support services. New Orleans has little or none of the above and won't for some time to come.
Potential short positions on the indices should be examined at this point as the economic effects on the port of New Orleans will begin to rear its ugly head in the next 90 days, commencing with this months outbound harvest.
Potential calls on commodities such as grains, softs, pork, chicken and other materials, lumber, metals, etc. might also be in order as supply is going to be choked off by the logistics snafu and rebuilding demands, so prices will rise.
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