Florence Watch

Banyan Global Macro

Things I’m watching during the hurricane. Or as P.O.T.U.S put it….

Image result for hurricane florence meme

Makes me think International Paper Co. (NYSE:IP)WestRock Co.(NYSE:WRK), and, from a different angle, Kimberly-Clark Corp. (NYSE:KMB).

(Source: Barrons)

And I ran a backtest by a MA Envelopes (MAE) going back to 1993, since then the Average Return was 10.52%.

Screen Shot 2018-09-12 at 3.07.53 AM

Screen Shot 2018-09-12 at 3.07.40 AM

Luckily the last major hurricane to hit the United State’s East closed was over a weekend. SPX gapped higher and kept rolling higher into October.


Stay safe.


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