Thunderstorms damage things like house cladding, roads, and water and power infrastructure. Things built 20+ years ago. Inflation is a reasonable control sinc

Thunderstorms damage things like house cladding, roads, and water and power infrastructure. Things built 20+ years ago. Inflation is a reasonable control since it may make the repairs more expensive. The stock market is not a reasonable control because it is related to the production of these assets. Production that is delayed and smoothed over decades.