Blog (MP) Everyday around the world disasters occur that affect finances here in the U.S. The global economy is an interconnected economy making an economic fallout from any natural disaster to send ripples around the world. In fact, these natural disasters can shake up your portfolio here at home.
One of the biggest ways natural disaster effects your portfolio is it causes business disruptions. Most of our portfolios have some kind of investment overseas. And when natural disaster happens overseas the economic fallout can be devastating. As a matter of fact, there are catastrophic losses, damaged homes, people are left jobless, taxes aren’t collected, roads, communication infrastructure, local businesses shut down, and until these businesses are up and running again, our money, doesn’t make money. Check out some of our more recent disasters below…
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