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It should go without saying that the events in Houston and the
surrounding area this week have been tragic in human terms. Many
lives have been lost and many more devastated by the floods that
resulted from Hurricane Harvey. It may seem trite and somewhat
heartless to talk about the market implications of an event like
that, but once we have donated to relief causes and said our
prayers we can only return to our normal lives, and mine involves
assessing how events shape markets. In those terms, the reaction to
the storm has been interesting. Given…

It should go without saying that the events in Houston and the
surrounding area this week have been tragic in human terms. Many
lives have been lost and many more devastated by the floods that
resulted from Hurricane Harvey. It may seem trite and somewhat
heartless to talk about the market implications of an event like
that, but once we have donated to relief causes and said our
prayers we can only return to our normal lives, and mine involves
assessing how events shape markets. In those terms, the reaction to
the storm has been interesting. Given…

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