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Home»Bonds»Market Holds Agency as Tragedy Strikes Texas
Bonds

Market Holds Agency as Tragedy Strikes Texas

EditorialBy EditorialSeptember 4, 2025No Comments2 Mins Read
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Market Holds Agency as Tragedy Strikes Texas
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  • The tragedy that hit our state final week ranks as one of many deadliest and costliest flash floods in US historical past. From 1980 via final yr, flooding has killed lots of of individuals nationwide and inflicted at the very least $203 billion in losses, based on knowledge from the Nationwide Facilities for Environmental Info. This tragedy has hit Texas and our nation onerous. We’ve heard from many consumers this week, and we’re grateful for the outpouring of properly needs and prayers. Fortunately, no members of the family throughout the DRL Group had been impacted; nevertheless, everyone knows people who find themselves good mates who had been. Thanks
    as soon as once more in your ideas and prayers; it means lots.
  • US client borrowing elevated in Could on the slowest tempo in three months, pushed by a pullback in bank card and different revolving debt excellent. The slowdown in borrowing coincides with a moderation in family spending throughout the month. It is a results of a pickup in considerations in regards to the financial system and labor markets, we’re positive of.

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