Looks like Hurricane Irene could be the big news of this year for about 65 million people on the east coast of the US. Many people look like they will be affected by this huge storm, which was estimated as of this morning to be approx 700 miles across! As I write this blog from the comfort of my desk in warm, sunny Colorado, the coast of North Carolina is getting hammered and New Yorkers are evacuating. It is looking like this will be the big news story for the next several days or weeks at least.
As far as investing goes, I would not be looking to buy shares of insurance companies right now.