Wyn Thomas - Axys Investment Management

Weekly Market Update 8th September 2017

STRONGEST ATLANTIC STORM ON RECORD HEADS FOR FLORIDA

This week the natural disasters keep on coming, with another potentially more damaging storm about to hit the south-east coast of America, and at the time of writing there is breaking news of a huge earthquake in Mexico that might have caused many fatalities. The economic impact of these events is always difficult to estimate, but at the moment that is less of a concern than the human and social impact which is likely to be severe, but currently also unknown. Undoubtedly there will be a huge negative effect regionally, and possibly further afield, as the storm and earthquake compound the damage already done by hurricane Harvey. Read more…