….Harvey hits Houston, oil refiners, commodities, and the economy. An ounce of prevention vs a pound of cure. Day One, Amazon-Whole Foods. North Korea fires a missile over Japan. Financial Review by Sinclair Noe for 08-28-2017   DOW – 5 = 21,808 SPX + 1 = 2444 NAS + 17 = 6283 RUT + 4 = 1382 10 Y – .01 = 2.16% OIL – 1.06 = 46.81 GOLD + 18.70 = 1310.50 The Weather Company’s chief meteorologist called it “a tragedy of epic proportions.” The National Weather Service said it was “unprecedented” and “beyond anything experienced.” National attention has been focused on Texas since Friday, when Hurricane Harvey hit the coast. The hurricane is now a tropical storm and it has moved back out over water. The storm is expected to head back to land over the next 48 hours, skirting Houston to the east and taking dead aim at Beaumont. The problem with this storm is not so much the winds which devastated Rockport Texas, but the rains which are expected to continue for the next 3 to 4 days. Houston has already received more than 2 feet of rain. So much rain has fallen, the National Weather Service had to update the color charts on their graphics, anything over 20 inches is deep purple. According to the National Hurricane Center, 50 inches of rain in total could end up falling on Houston and Galveston and other cities along the coast. That means the already serious flooding will only get worse. ...