California Wildfires: Natural Disaster Risks on the Financial Market

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Although the public's focus on the California wildfires remains (and should be) on human and property losses, some investors may still wonder about the impacts of natural disaster/environmental risks on the financial markets.

Also don't know whether to be sad or happy that the impact of the California wildfires on the stock market is probably less than the impact of a statement from an FOMC member or $TRUMP memecoin last week.

The impact of natural disasters in California is also not too great on the entire bond market. However, a small group of investors holding local bonds — especially municipal bonds in the affected areas — will likely be significantly affected.

Viet Hustler dedicates this weekend's article to providing information that investors (especially those who have bought local bonds) need to consider regarding the impact of natural disasters on their investments.

Notes: This article references and includes summaries of reports from Charles Schwab.