Hurricane Harvey, a cat 4 storm, makes a direct hit on the sixth largest city in the country.

In addition to storm surge and wind damage, there is historic levels of flooding damage that add to the misery.

It is expected that Harvey might be the most expensive natural disaster in American history.

Here we go again. We've been here before with Katrina and New Orleans. Almost right on the tick of the solar cycle(1,2).

Only this time we've got another hurricane from the Cape Verde Islands bearing down on Florida.

Here's my worry. The US Insurance industry is structured to deal with one of these huge mega-disasters. How is it going to handle two within weeks of each other?

Right now Irma is poised to strike some of the most expensive real estate in the country and she's loaded to pack a wallop.

Irma has the potential to be even more destructive and costly when it strikes Florida-man's abode.

What happens when the huge institutional funds that the insurance industry uses to back their policies have to dump billions of dollars in securities to raise the cash for these disasters?

If you are sitting on stock, you might want to ditch it before the institutionals flood the markets with the blue chips. 

I'm worried that we are about to see a market correction that will make Black Friday look like a Sunday picnic.

If we get hit again for another multi-billion dollar disaster, it'll be a giant shit sandwich and everyone will get more than their share.

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1) Nature: Sunspot-hurricane Link Proposed

2) International Journal of Climatology: Evidence Linking Solar Variability and US Hurricanes