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There is Something Happening Here

August 14, 2023 | Posted in: Wealth Strategies

….But what it is ain’t exactly clear.

Buffalo Springfield 1967
The following graphic, which was provided by Visual Capitalist, is incredibly powerful. It shows the number of days between $1 billion (adjusted for inflation) natural disasters in the U.S. between 1980 and 2022. It covers severe storms, drought, winter storms, hurricanes, cyclones, floods, wildfires, and freezes.

Note that time between disasters ranged from 40 to 80 days during the 1980’s and 90’s. (The left side of the chart) Since then, it has steadily declined to an average of just 18 days during the 2020’s.

I cannot add anything of substance to the climate change debate and the trend depicted above could be just one segment of a cycle that will reverse at some point. Nevertheless, it certainly appears ominous and merits serious discussion by scientific and governmental bodies.