Does anyone have insight in what the likely effects of the flooding will be on the stock market? Or has anyone been in a previous flood event and seen its effects on the market?
My hunch is that it will only cause a minor 'blip' in the market, since the flood is not likely to be sustained for any length of time, and following this the market will resume an upward course. Does this sound reasonable? I did look back at a previous flood event (Feb 2008 I think it was), and did not see any significant effects on the market - although this was during a boom, so it could be different.