Stocks End Flat, Dow Falls 2.5% for October

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10 | 31 | 2012
Stocks End Flat, Dow Falls 2.5% for October

“While in the immediate term there is devastation in the wake of this storm, the rebuilding process afterward will create substantial demand for building materials and services,” said Robert Gray, managing partner of TerraCap Management. “This is at least a near-term virtuous cycle where jobs are created, sales are enhanced, and workers increase savings which are in part used for housing. Retail, warehouse, retail, and office, and hotels all benefit as well.”

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