More than half of the continental U.S. is experiencing “moderate to extreme drought,” according to the National Climactic Data Center. Drought conditions not seen since 1956, mean bad news for the nation’s agricultural sector and even worse news for the struggling economy. The U.S. Agriculture Department has designated more than 1,000 counties across 26 states as natural disaster areas, which means farmers in those areas can apply for low-interest emergency loans from the USDA. Jeff Masters from Weatherunderground.com says the cost associated with such a drought is certain to be many billions of dollars and could be one of the top 10 most expensive weather-related disasters in U.S. history.
Many clients have little or no protection for their ability to earn a paycheck.
Sales of non-variable annuities went in a different direction.
The CDC's latest weekly COVID-19 report also shows Idaho moving in the wrong direction.
Sponsored by NGL
Help your clients plan for their future now so final expenses don’t overwhelm their loved ones later.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.