Below is an excerpt from the latest Market Trends newsletter. Sign up and receive it in your inbox Friday evening:
Hurricane Sandy invaded the eastern seaboard last week, causing unprecedented damage in New Jersey, New York and states up and down the coast. Millions remain without power or basic services, and finding fuel and staying warm even a week later remains a challenge for many. Simply getting to and from anywhere without delay or detour is nearly impossible. Financial markets closed early in advance of the storm and for a time afterward and things remain far from normal in New York City, the financial capital of the United States.