Silver as an investment

Category Archives: Tropical cyclone

September “Hurricane” Payrolls Tumble 33,000, First Drop In Seven Years, As Wages Surge Due To Labor Shortages

As noted earlier, Wall Street was completely clueless ahead of today’s payroll, with most expecting a small positive print but two brave forecasters went so far as to predict that the recent hurricanes would result in a negative print, and sure enough, moments ago the BLS reported that in September, the US economy lost 33,000 […]

Scientist Confirms: Harvey Caused A “1-In-1,000-Year Flood”

Scientists have confirmed what one renowned weather forecaster has suspected for days: Hurricane Harvey was a “1-in-1,000-year flood.” That’s according to researchers at the University of Wisconsin’s Space Science and Engineering Center, who claim there is nothing in the historical record that rivals the devastation resulting from the flooding in southwest Texas, which has forced […]

Goldman Says Hurricane Harvey Will Reduce Q3 GDP; JPMorgan Says It Will Boost It

There are still two to three days before the peak flooding – and damage – in Houston arrives, yet already Wall Street is trying to calculate how much the worst natural disaster in decades befalling the 4th largest American city will impact US GDP. Or rather boost it, because in two notes out late in […]

Shocking Drone Footage Shows Harvey’s “Unprecedented” Devastation, “No Parallel To Any Rainstorm In US History”

Based on the number of people affected, amount of water involved, and other factors, meteorologists have warned, there may be no parallel available to any other rainstorm in U.S. history as Mashable's Andrew Freeman reports Tropical Storm Harvey has dropped more than 11 trillion gallons of water on Texas, triggering catastrophic, unprecedented flooding in the […]