| |  | | | | History and Harvey: What to Expect in the Stock Market | |  | | Hurricane Harvey has left incredible devastation and suffering in its path. Now, the cleanup and recovery begins.
In our newest article we review history to see how the stock market after tragic events. Of course history is not indicative of future results but history is the only guide we have.
Check it out...
Each tragedy is unique but almost all share some traits. There is often a large loss of life and a large loss in monetary terms. Recovery takes time and many people will never fully recover. These events have an impact on the economy and the stock market.
In this article, we look at how the market has responded to other events in history. We look for common factors in those responses to see if history provides us with knowledge we can use to understand what’s likely in the current stock market.
The article covers:
• How the stock market reacted to a series of hurricanes in 2005 that included Hurricane Katrina.
• How stocks in Japan responded to the earthquake that led to one of the largest nuclear power accidents in history.
• What the market’s reaction to the tragedy of 9/11 tells us about how markets react to news.
• How the market reacted to an earthquake in San Francisco in 1906.
• What that 1906 earthquake could be the closest parallel to current events and the specific indicator you need to watch to know when to take action.
And more.
Read it here...
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