Monday, October 29, 2012

Hurricane Sandy Update...

Hurricane Sandy Update...  from Jesse' Cafe Americain

US Equity and Options Markets are closed today because of the oncoming hurricane. The NYSE is closing for the first time in 27 years.

Bond markets are open, but will close early around noon.

The Holland and Battery Park Tunnels will be closing this afternoon, and the bridges will be closing when the winds intensify.

No man is an island, but Manhattan is.

There are blizzard warnings going up on the lee side of the storm, as the moisture of the hurricane meets the Canadian cold front.

This is likely to be a multi-day event...

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