The business community is showing continued optimism over President Trump's policy of lightening the regulatory burden on American industry.

The fact that the Fed is flying blind in its attempt to unwind its massive increase in the money supply and massive increase in involvement in the markets makes some observers and investors nervous.

The president of the Federal Reserve Bank of New York, William Dudley, said on Friday that, on net, the destruction wrought by the hurricanes Harvery and Irma will be positive for the economy.

Florida Attorney General Pam Bondi's efforts to prevent alleged "price gouging" in the wake of Hurricane Irma will only lead to shortages and more people going without necessities.

Hurricanes Harvey, then Irma, and then possibly Jose, could be all that is needed to slow the economy and trigger a decline in stocks.

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