Every investor will be wondering about the financial and economic impact of Hurricane Katrina. Let me preface the following list of links to articles that cover this topic with the obvious comment that the human costs are obviously uppermost, and even discussing the financial impact at a time of so much suffering is difficult. Having said that, here goes:
- Hurricane Katrina Impact on Entergy: Entergy is the utility most exposed to the hurricane's damage. Utility analyst Sandy Cohen explains the impact.
- NY Times on Hurricane Katrina and the Housing Market: Quick summary of, and disagreement with, the NY Times' view that the hurricane will prolong the rise in house prices.
- Hurricane Katrina Disrupts Energy Supply - How Large the Impact? Excerpt from Morgan Stanley analyst Dick Berner's estimate of the financial cost of the hurricane's disruption to the country's energy supply.