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What does the stock market tell us about the California wildfires?

Lucas Davis, Professor, Haas School of Business | January 16, 2018

California utilities have lost $20 billion in market value since the wildfires began. The horrific wildfires in Northern California’s Wine Country in October and then in Southern California in December killed more than 40 people, burned 1.2 million acres, destroyed thousands of buildings, forced hundreds of thousands to evacuate their homes, and led to deadly … Continue reading »