Another week another series of unfortunate events… The market dipped heavily in the opening hours Monday as Trump and North Korea’s Twitter battle escalated to its highest level yet. After another missile launch by North Korea over the weekend, Trump took to Twitter (TWTR) to call out Kim Jong Un as “Little Rocket Man” while threatening to decimate all of North Korea. Upon hearing the name-calling and violent […]
Another week, another series of natural disasters and back-and-forth threats between the United States and North Korea. Hurricane Maria barreled through Puerto Rico on Wednesday causing power outages in every home on the island. The hurricane continued by hitting the Dominican Republic on Thursday as damages are closing in on $200 billion. Puerto Rico is already struggling with its debt problem so these record-breaking damages […]
Global markets steadied this week as the damage cause by Hurricane Irma was less than expected and the majority of markets within the US rebounded well after this weekend’s damage. Unlike Hurricane Harvey’s impact on oil refineries and pipelines causing investors to flee into safer havens, Hurricane Irma simply affected the largely irrelevant orange juice markets in which futures plummeted . Apple (AAPL) announced its long-awaited iPhone […]
Just a week after Hurricane Harvey tore through residences across Texas, another massive hurricane is on the horizon, this time in Florida. Hurricane Irma is set to hit beaches as early as Sunday with expected damages to set a record in our country’s history. Gas shortages nationwide have continued as more pipelines and refineries are shuttered, causing oil and gold prices to rise as investors continue […]
Gas futures have jumped more than 13% since Hurricane Harvey’s first landfall last Friday. Key refineries and pipelines in the Gulf coast have been shut down due to the severe damage that the Hurricane continues to cause. As Hurricane Harvey continues to barrel across the Gulf Coast region, we look forward to the safe evacuation of the countless families still stuck in their homes. Our thoughts […]