ECHOES OF THE LAST MIND

ORIGIN: https://www.yourweather.co.uk/news/

Financial markets are spooked by global events, whether war or extreme weather events. So, how safe are your retirement savings with climate change imminent?

Severe weather events have an impact on long term investments find researchers.

The recent war in the Middle East spooked financial markets as crude prices rose amidst supply chain disruptions. Extreme weather events, too, have a similar effect on financial markets, whether you notice them or not.

For instance, a flood in Valencia, Spain, in 2024, disrupted infrastructure, supply chains, and insurance claims shot through the roof. This may not seem to affect you directly now, but your investments and retirement savings are linked to global infrastructure, energy systems and infrastructure. So, how do these events affect you in the long run?

All weather events ain’t the same

Sudden extreme weather events, such as floods and storms, seem to spook markets. Not just the events but even climate-related lawsuits, such as one involving a major petroleum giant, can bring the markets down.

Financial markets may seem to be driven by years of