Summary
The sample size for major hurricanes hitting the U.S. is relatively small.
We review the five big storms and their impact on the stock market.
The bottom line is…
Word is that Hurricane Harvey will end up being the most expensive natural disaster in U.S. history. According to AccuWeather, the estimate for the full cost of the storm will approach $160 billion. To put this number in perspective, Harvey is expected to cost about the same as the combined costs of Hurricanes Katrina and Sandy.
