Rebuild, Repair and Recover
Hurricane Sandy is pretty much past now, leaving substantial devastation in her wake. We will probably see more flooding and loss of electrical power as it continues inland, but the headline-grabbing coastal destruction is over for now. Having been through a few of these megastorms over the years, I know that the cleanup is not going to be fun for those in the hard-hit areas. Living without electricity will not be a joyride for those throughout the mid-Atlantic states and Northeast.
For the rest of us, it's a time to catch up on paperwork and research and, my wife hopes, some household chores. With the markets closed there is a chance to take a breath and perhaps catch up a bit. One of my tasks today is going to be reviewing my list of infrastructure stocks. This was a large powerful storm to be sure, but the fact that it took out so many critical roads, tunnels, electrical grids and water supplies is yet another indication that at some point, the U.S. will have to spend literally trillions of dollars to update these critical systems....243 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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