The effects of Harvey and Irma remain to be seen but with the level of devastation already evident in Houston and the rest of the Texas gulf coast mass destruction of the Miami environs could mean years of recovery ahead for both regions.
A 15 foot storm surge (up to 20' projected) will put the Everglades underwater releasing all those hungey gators and some 150,000 (est.) pythons into the waterways. That's a scary thought.
Meanwhile, the NOKO situation is not improving and the likely effect will be increased volatility as the uncertainty factors rise.
Trader's Outlook is short term neutral to bearish for the coming weak based on a modest deterioration in the technical indicators coupled with concerns for tax reform and weakening economic reports..
