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Strategies & Market Trends : John Pitera's Market Laboratory

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The Ox
From: Don Green9/7/2017 7:47:49 PM
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I live in the direct path of the eye of Irma near Palm Beach Florida, so I may not be posting too often in the comes days or weeks. But I wanted to mention something I found interesting.

What has been interesting today is watching large private jets flying into Palm Beach Int. Airport. The airport has greatly reduced commercial flights into the airport due to the storm, but at the same time the hundreds of super rich many Wall Street types who have winter and full time residences in the area seems to be boarding up and taking out expensive items "paintings"? out of their homes and in their own super rich are boarding up and flying out. Leaving the massive estates for the help to pickup up. I read somewhere that many of these super rich who have such massive homes on or near the ocean they don't even have homeowners insurance on them because in many cases no company would issue a policy.

Interesting times ahead

Don
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