• Go mobile
NOTIFICATIONS
Close
Chat 1216
+
2 months ago
Source

Hurricane Impact on Stocks

INTERESTING
merlin_143548476_74de99bc-a589-4a9b-93d4-86db9c4b9fdc-articleLarge

On behalf of the LPL Research team, our thoughts go out to the millions of people who will be impacted by Hurricane Florence.

We’ve had many requests this week to look at how equities do around major hurricanes and, using data from the National Hurricane Center, we found that markets generally appear to have taken the catastrophes in stride.

“As tragic as major hurricanes can be, they appear to have little immediate impact on equity prices,” according to Senior Market Strategist Ryan Detrick.

As our LPL Chart of the Day shows, after the 15 most costly hurricanes to hit the United States, the S&P 500 has been higher six months later 13 times. Additionally, the returns going out one to six months are quite strong as well.

S&P 500 Performance After the Costliest U.S. Hurricanes

If you are in the path of Florence, stay safe!

IMPORTANT DISCLOSURES

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual security. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. The economic forecasts set forth in this material may not develop as predicted.

All indexes are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. All performance referenced is historical and is no guarantee of future results.

Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.

This research material has been prepared by LPL Financial LLC.

To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL Financial LLC is not an affiliate of and makes no representation with respect to such entity.

The investment products sold through LPL Financial are not insured deposits and are not FDIC/NCUA insured. These products are not Bank/Credit Union obligations and are not endorsed, recommended or guaranteed by any Bank/Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.

Member FINRA/SIPC

For Public Use — Tracking # 1- 771080 (Exp. 05/19)

2 months ago
125 Views
Comments

Your email address will not be published. Required fields are marked *