Do Major Hurricanes Impact Stocks?
First and foremost, our thoughts are with all of those that were impacted by Hurricane Dorian over the Labor Day holiday and all those that are still in its path.
Many have asked us what stocks tend to do after a major hurricane hits the United States. Given we had category 4 and 5 hurricanes last year, this question unfortunately seems to come up more than anyone would like.
“Although the devastation a major hurricane causes can’t be denied, it is worth noting that equity markets have taken the storms in stride,” explained LPL Financial Senior Market Strategist Ryan Detrick. “In fact, a month... Read more