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Insurance and construction stocks are getting hammered ahead of Hurricane Florence

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Equity investors are scrambling to position themselves ahead of Hurricane Florence's expected landfall on Friday morning. Insurance and construction-material stocks have been the worst hit so far, while companies specifically tied to the roofing industry have climbed.

 

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Thank goodness for the insurance industry. After “Harvey” we heard very little about the re building in Houston because work is progressing. There are issues; some have not returned to their homes, others may never return. But after “Maria” in Puerto Rico; many have nothing.

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