New Winter Storm Provides February's First Weak Economic Data Excuse

Tyler Durden's picture

Winter storm warnings and advisories stretched from Utah to Pennsylvania this morning. As Bloomberg reports, hundreds of flights across the US are being canceled as the threat of snow, ice, and sleet (and up to 8 inches of snow in New York City) "impact the morning commute." The storm will move across the central U.S., bringing showers and thunderstorms to the Central Gulf Coast tomorrow morning and expanding northward into the Tennessee Valley by Tuesday evening, the weather service said. In other words, we have our first good excuse for a crimped consumer not spending once again in February - the weather.


Ironically, this fresh winter storm - Nika - is named for the Greek Goddess of Victory.


Via Bloomberg,

Hundreds of flights across the U.S. are being canceled as a winter storm threatens to drop snow, ice and sleet from Utah to Pennsylvania, including as much as 8 inches (20 centimeters) in New York City.


Light snow began falling in New York before 5 a.m. local time. The storm will have its greatest impact through mid-day, almost certainly tying up flights and making it hard for people to reach work, Bill Goodman, a National Weather Service meteorologist in Upton, New York said yesterday.




Winter storm warnings and advisories stretched from Utah to Pennsylvania this morning. The storm was also expected to drop as much as 8 inches on Ohio. As much as two inches an hour of snow may fall in New Jersey after 8 a.m., the Weather Service said.


Washington may get as much as 8 inches after 4 p.m., and Boston less than 0.5 inch as the storm focuses more on the corridor from Philadelphia to New York.




The storm will move across the central U.S., bringing showers and thunderstorms to the Central Gulf Coast tomorrow morning and expanding northward into the Tennessee Valley by Tuesday evening, the weather service said.


Stock bulls can only hope this negative (or USDJPY 102) does not impact what is perhaps the best day of the year for equities. The last time we had a decline of more than 0.1% on this day was back in 2002.

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new game's picture



b bush

s snow

GetZeeGold's picture



our first good excuse for a crimped consumer not spending once again in February - the weather.


Turns out people with 29.5 hour/week jobs because of Obamacare don't like to go out into the cold to spend money they don't have......who knew?

mickeyman's picture

It's also because of the Superbowl blowout.

SamAdams's picture

It's 4F this morning, with ice and snow.  Somehow, the people still came to work.  The lights are on, the machines are running.  Got orders to fill which will be sent to regions as remote as the North Sea. 

johnQpublic's picture

boomerang effect of weather modification for the big game


wonder if the game woulda been better if they had jut let it be the coldest superbowl on record

what a difference a day makes, huh?

Headbanger's picture

Tylers, did you just say GREEK goddess!?

Might not be any irony to it after all!

Sudden Debt's picture

yeah... the kind of which the aftereffects are in the "not expected" category

Oracle of Kypseli's picture

You mean Nike. Nika is a seamstress that lives accross the street 

Panem et Circus's picture

Ohhhh so THATS why nobody is at work today!

TideFighter's picture

"Winter Storm Nika"


They started naming storms to point blame...

Global Hunter's picture

I was just about to post that question, when did they start naming winter snowfalls?  The term "polar vortex" still makes me chuckle, they're naming snowfalls and they use hip modern scientifically sounding terms (in the same way US drug makers name their new drugs)  like polar vortex makes me wonder if its not the media running things and the Federal Reserve and the banks are its wing man :)

eclectic syncretist's picture

It's not even a storm, it's just a typical winter cold front.

duo's picture

It's not a Weather Service thing, just marketing crap pushed by NBC/Universal and their pseudo weather subsidiary, the Weather Channel.


Panem et Circus's picture

Well, it's also more bs Fascism. Most insurance policies have carve outs where you are not actually covered for "Named Storm Events." So if the National Weather Service names a storm, nobody has to pay for damages. That's why everything thats even remotely a storm gets a name now, when they used to be just "Nor'Easter".

kridkrid's picture

Makes sense. Gotta link to anything written about the topic?

StarfishPrime's picture

The National Weather Service has not and will not name any winter storms. This is mostly a marketing thing by The Weather Channel -

Panem et Circus's picture

That was verbatim from my insurance broker when I was pricing out a policy for a new commercial building.

WhyDoesItHurtWhen iPee's picture

Now its Polar Vortex, in the old days it use to be Polaroids.

toady's picture

I really dislike this whole naming thing...

How long before they're selling naming rights?

Global Hunter's picture

with the negative association people have with cold weather and blizzards they could nominate a competitor's name.  GM could pay to name the storm winter storm ford.  Somehow GS and JPM find a way to securitize the storm naming market and a new derivative market emerges

eduard khil's picture

Maybe they will start giving names to down days in the market

Colonel Klink's picture

Naming every storm, like huricanes is one of the gheyest things I've seen.  How fucking stupid!  More entertainment for the sheep.  Don't get me started on the term "polar vortex".  More hype BULLSHIT.

Exponere Mendaces's picture

Today's weather brought to you by:

Pepsi Polar Vortex - Feel the Cold


Sudden Debt's picture

and that's also why they call you YOU!

krispkritter's picture

I'll start paying attention when they name the current economic shit-storm we're in, 'Obama'.  Until then, blow me...

kralizec's picture

Let the blowing commence!

krispkritter's picture

PS.  Start naming any storm that blows, after a politician, maybe that will wake some sheeple up by having them relate their current shitty situation to someone who helped put them in that environment.

kralizec's picture

I think I might like that idea!

Element's picture

The harsh winter weather is not going away in the US 7-day forecast model either.

kridkrid's picture

Sooooo... it doesn't snow for the Super Bowl, but starts the day after, stranding visitors in NYC forcing them to spend even more money in the NY/NJ area. I KNEW IT!

pods's picture

Shoulda named the storm Christie.



pods's picture

Shark jumping at its finest.  What next?  Naming any and all low pressure systems?

Cold front Bob is expected to drop temps by 20 degrees, leading to many to have to turn their heat on.


BoNeSxxx's picture

Yesterday: Bread and Circuses

Today: EBT Cards and 'Breaking News on CNN'

Global Hunter's picture

No doubt one October day somebody will be screaming that the leaves are turning colour and falling off the trees.  Bubonic leaf plague ricky

BandGap's picture

Having lived most of my life in Michigan, including the Upper Peninsula, I really have to wonder how people survived (much less prospered) during the winters 77-79 and 96-98. 

It's not like the Scananavian countries don't deal with this type of whether and still mange to get things done. This whole line of bullshit doesn't pass the smell test. Of greater concern is how this crap is spewed per govenrment edict and the sheep just nod their stupid fucking heads.

Should there be a correlation betwwen shit weather and the stock market then? Perhaps a lagging model to fit the Dow after periods of "bad" weather?

Smegley Wanxalot's picture

Because cold storms in winter are so unexpected.

Winston Churchill's picture

Well they certainly catch everyone by surprise every single year.

What was that about not learning from history again.

Element's picture



" ... Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so. ..." - Douglas Adams

101 years and counting's picture

apparently, seasonal adjustments dont factor in seasonal weather?

SDShack's picture

The cold is due to global warming becuause climate zealots stuck in ships in Summer Antarctic Sea Ice said so.

youngman's picture

Its going to be winter for a couple more months.....I heard that somewhere

kralizec's picture

Couldn't have been a MFM outlet...

kaiserhoff's picture

The Wookie saw her shadow?

ABG LINE's picture

It's all about the CHEMTRAILS.

NoDebt's picture

Philly area reporting in.... yep, more snow.  Snow plows have already knocked my mailbox off the post twice this year, so bullish for new mailboxes come the spring.  Lots of people have had problems with "ice damming" with their gutters (a known phenomenon that causes water to back up under the shingles several feet up from the roof from the gutters).... so, we're probably in for a bigger than usual bump in home repair work this spring, too.

Somewhere Paul Krugman is smiling, nodding, and saying what he always says:  "I told you so."

J S Bach's picture

Brrrrrrr Nika - Hmmmm... sounds a little like Bernanke.

aleph0's picture



.... now we just need the CNBS ANALysts to present their T/A charts based on the weather trends.

Bullshitter Bands
Receding Weather Wedges
50 day Low Pressure Averages
... etc. etc.


The only problem being ... we already know they manipulate the weather .... as well.




toady's picture

Mikkos Cassadine's weather machine in Port Charles?