Financial Review

Count Your Pants and Shirts

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEGH_1-02-23-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Dow hits 10th straight record. Thus spake Mnuchin. How to create jobs. Oil inventories slim down. More jobs in wind than oil. XOM de-books oil reserves. US-Europe flights for $65. McDonald’s soda for one buck. Ghosn gone. Earnings reports. Financial Review by Sinclair Noe for 02-23-2017

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Monday, October 29, 2012 – Hurricanes and Clean Energy

Hurricanes and Clean Energyby Sinclair Noe The stock and bond markets in New York were closed today; that’s the first time that’s happened since Hurricane Gloria hit New York in the 80’s. The markets will be closed tomorrow; that’s the first time the market has been closed for 2 days due to weather since 1888, when a blizzard hit New York; of course it was closed following 9/11. Areas around New York’s Financial District were part of a mandatory evacuation zone. The storm surge is already pushing water over seawalls in the southern tip of Manhattan. And the hurricane is just now hitting New York head on. It already flooded Atlantic City. Much of the East Coast was at a standstill as the storm approached. The storm, 900 miles across, shut the federal government in Washington and state offices from Virginia to Massachusetts. Schools were closed, planes and trains tried to get out of the way; delays are affecting transportation around the nation. You can’t get there from here. Economic losses could ultimately reach $20 billion, only half of it insured. Some estimates put the property damage as high as $90 billion; we’ll see. Ten states have declared a state of emergency; 60 million people are in the path of the hurricane; there will undoubtedly be some tragedies. Keep those people in your prayers. It is estimated millions of people will lose electricity for an extended period. Federal inspectors have been dispatched to 11 nuclear power plants from Maryland to …

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