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Morning News
Futures are up pointing to a higher open this morning. University of Michigan to release Preliminary September reading of Consumer Sentiment at 9:45 am. President Bush addressed the nation last night from New Orleans, calling for the biggest and best reconstruction effort the world has ever seen. Northwest Airlines (NWAC) 2 days into Bankruptcy plans to let go up to 400 pilots. Mississippi to sue 5 large insurers over flood damage caused by hurricane Katrina. Hurricane Ophelia now a tropical storm battered the Carolina Coast. Power outages, beach erosion, and some flooding being reported. Crude Oil is down just a bit to $64.08 per barrel. Wholesale Gasoline is also a bit lower currently $1.86 Gold is trading at 17 year highs $462.20 per ounce. Budd Foxx
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