Tag Archives: prediction

People keep building in flood-prone places like Houston.

Over the past two days, the storm — anticipated to hit Texas later Friday — has rapidly strengthened into a Category 3 major hurricane, packing 120 mph winds and a threatening a multi-day rainfall so heavy you’ll need a yardstick to measure it. The storm’s impact could be among the worst in U.S. weather history, rivaling even Hurricane Katrina.

The implications are hard to put into words, so I asked my meteorologist colleagues to describe them using one or two:

“Epic, unprecedented” — Brian McNoldy, hurricane specialist at University of Miami

“Unprecedented danger” — Marshall Shepherd, meteorology professor at University of Georgia

“In a word: life-changing. The question is where, how expansive, and how many people’s lives it will change. If nothing else this should be a big wake-up call to many.” — Anthony Fracasso, forecaster at the NOAA Weather Prediction Center

“Dangerous, scary” — Adam Sobel, hurricane expert, Columbia University

“Epic deluge” — Ryan Maue, hurricane expert, WeatherBELL analytics

“One word, given the storm’s longevity: torturous” — Jim Cantore, the Weather Channel

“Simply: overwhelming” — Taylor Trogdon, National Hurricane Center

“Prolonged misery” — Rick Smith, NWS meteorologist in Norman, Oklahoma

Two answers, not playing by the rules with both. 1.) Forecast challenge of a career. 2.) Enormously challenging.” — Matt Lanza, energy industry meteorologist based in Houston

Original source – 

People keep building in flood-prone places like Houston.

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A Russian tanker plowed through the Arctic without an icebreaker for the first time.

Over the past two days, the storm — anticipated to hit Texas later Friday — has rapidly strengthened into a Category 3 major hurricane, packing 120 mph winds and a threatening a multi-day rainfall so heavy you’ll need a yardstick to measure it. The storm’s impact could be among the worst in U.S. weather history, rivaling even Hurricane Katrina.

The implications are hard to put into words, so I asked my meteorologist colleagues to describe them using one or two:

“Epic, unprecedented” — Brian McNoldy, hurricane specialist at University of Miami

“Unprecedented danger” — Marshall Shepherd, meteorology professor at University of Georgia

“In a word: life-changing. The question is where, how expansive, and how many people’s lives it will change. If nothing else this should be a big wake-up call to many.” — Anthony Fracasso, forecaster at the NOAA Weather Prediction Center

“Dangerous, scary” — Adam Sobel, hurricane expert, Columbia University

“Epic deluge” — Ryan Maue, hurricane expert, WeatherBELL analytics

“One word, given the storm’s longevity: torturous” — Jim Cantore, the Weather Channel

“Simply: overwhelming” — Taylor Trogdon, National Hurricane Center

“Prolonged misery” — Rick Smith, NWS meteorologist in Norman, Oklahoma

Two answers, not playing by the rules with both. 1.) Forecast challenge of a career. 2.) Enormously challenging.” — Matt Lanza, energy industry meteorologist based in Houston

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A Russian tanker plowed through the Arctic without an icebreaker for the first time.

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Corporate America Is Doing Great

Mother Jones

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If you’re wondering why the stock market is doing so well lately, here’s the answer:

Earnings at U.S. companies grew at the fastest pace in nearly six years in the first quarter, the latest boon to a bull market that has stretched into its ninth year.

With nearly all companies in the S&P 500 having reported results, aggregate earnings for the first quarter are on track to grow 13.6% from the year-earlier period….Beyond the jump in growth, many investors have been encouraged by signs that the quality of the results is improving. That contrasts with recent years, when investors worried that corporate share buybacks and ultralow interest rates were juicing stock gains in the absence of business improvement.

It’s not Trumpmania, it’s just old-fashioned earnings growth. More people are buying stuff and companies are making more money. It’s simple.

How long will this last? I don’t know any more than anyone else, but my guess is that the current expansion has another year to go. I’m starting to see signs of an economy that’s getting a little too exuberant, and I suspect that 2018 is going to be a mild recession year. Please note that this prediction is worth every cent you paid for it.

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Corporate America Is Doing Great

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