by Calculated Risk on 8/29/2005 12:14:00 AM

My most recent post is up on Angry Bear: Housing and Recession

Every time I sat down at my computer today, I found myself checking on hurricane Katrina. I am in shock. The residents of New Orleans are in my thoughts tonight. A couple of days ago I thought this storm might impact the already tight gasoline supplies, but I didn't think it would become a potentially catastrophic storm.

Hopefully the storm will weaken before landfall.

Best to all.