It’s an Ill Wind that Doesn’t Help Someone!
Hurricane Harvey devastated parts of Houston and other areas on the Gulf Coast. A lot was lost to be sure, but there also will be gains. These areas will need to be rebuilt.
Jobs will be available, materials needed along with many other services. Money to pay for this will come from many sources and insurance will certainly pay for some of this. Personal resources along with government aid and charity will be all be part of the mix.
Many of the needed funds are invested, but will become more productive when applied to the rebuilding. There is an abundance of capital available for basic economic growth already so the rebuild will not take from that. Money in circulation is always most beneficial. The devastated region will be rebuilt and thrive once again.
Stay steady, my friends.
the Lonely Bull