Gustav - from the German, meaning Staff of the Goths
How apropos. Staff of the Goths, harbinger of doom, herald of Galactus, a manure by any other name still smells as foul. This little baby is all over CNBC as a category 1 hurricane. It's worst that the storm watch of a couple dark clouds in Los Angeles. I have 5-day charts of it's projected path careening toward the ports, pipelines and refineries of the gulf coast. Run for your lives, it's another justification for oil speculators to drive up the price at the pump. There is a fine line between Supply and Demand and My hedge fund is going to buy oil contracts short because we think supply might become an issue. I don't care which side of his mouth BFB (Ben Freaking Bernanke) is talking out of, I refuse to but that a barrel of oil has doubled in the last six months because China and India are using more. More likely the price is up because speculating hedge fund managers know that China and India are using more and know there is a killing to by made in the put options.
Gone are the good old days when the economy move in a direction based on actual information. By now the dog must be pretty darn dizzy from getting shaken all over the place by the tail.