Weathering a natural disaster like a hurricane is no time to let your long-term business strategy suffer. In fact, it's a time to let your clients and partners see how well you can execute. Tips on staying the course against the odds.
When a natural disaster strikes, your business could suffer loss of revenue and even catastrophic end of business events. You may be given a warning about a possible disaster, such as a hurricane that is picking up speed. Other times, you may find yourself dealing with an earthquake, tornado, or some other type of unexpected disaster.
Oil is slamming up against resistance.
The odds favor a correction here, probably to the $38-39 area.
This, in turn, would drag on stocks. $38 Oil would pull the S&P 500 to the mid-2000s (probably 2,040).
The first several weeks of 2016 have not been kind to investors, with some commenters worrying that we may be in for a massive stock market crash.
The good news for people who are investing for the long term, like savers who are relatively early in their careers and aren't likely to retire for decades, is that if history is any guide it doesn't really matter whether or not stocks crash in the near term or even suffer a terrible decade-long bear market.
Crossposted from NOAA's Office of Coast Survey
On August 29, 2005, New Orleans and the Gulf Coast were struck by one of the costliest and deadliest natural disasters to hit the United States. With sustained winds during landfall of 125 miles per hour, over 1,800 people were killed, thousands of lives were disrupted, and damage estimates exceeded $150 billion.
Submitted by Charles Kennedy of OilPrice.com Natural Disasters Cost The World $160 Billion In 2012 The world’s largest reinsurance firm, Munich Re, has stated that Natural Disasters alone have cost the world $160 billion in 2012.
UNITED NATIONS (AP) — Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report released Wednesday.
Hurricanes are often associated with soaring gas prices, and sometimes even complaints from drivers about price gouging by gas stations as well. Experts, however, say that Sandy’s effects on gas prices will be mild. Hurricane Sandy hit at a time when gas prices, after a remarkably turbulent year, have been decreasing quite dramatically. According to the latest Energy Information Administration report, the average price for a gallon of regular dropped 12¢ over the past week, reaching $3.57 as of Monday.