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Irene Is Now Expected To Pass Right Over Wall Street With 74-95 mph Winds

Tyler Durden's picture




 

There is a silver lining though: just as it has over the past 3 years, the world's Bernanke Put "Heads I win, Tails the world blows up" hub may survive simply courtesy of being in the eye of the Hurricane. Alas, this time around, the other side will arrive much faster: after all the Fed can not print windbreaks.

Wind speed map:

and probability map:

And some more from CNN:

Three governors declared states of emergency Thursday as Hurricane Irene threatened to wreak havoc along the United States' Eastern Seaboard.

Virginia Gov. Bob McDonnell and New Jersey Gov. Chris Christie declared emergencies for their states, while North Carolina Gov. Beverly Perdue declared a state of emergency in counties east of Interstate 95. The emergency declarations allow states to free funds and prepare resources that may be needed.

If Irene continues along its current track, "from a flooding perspective, this could be a hundred-year event," Christie said. He encouraged voluntary evacuations to begin immediately. "Anybody who is on a barrier island should go," he said, adding that on Friday people along the beaches should start thinking about moving to higher ground.

Christie said it was too soon to know whether there will be mandatory evacuations.

In parts of North Carolina, mandatory evacuations were under way Thursday.

The military moved more than two dozen ships out to sea ahead of the storm.

As of 11 a.m. ET, the Category 3 storm was pounding the northwestern Bahamas, with its core approaching Abaco Island, the National Hurricane Center said.

"The core of the hurricane will continue to move over the northwestern Bahamas today, and pass well offshore of the east coast of central and north Florida tonight and early Friday. The hurricane is forecast to approach the coast of North Carolina on Saturday," the center's advisory said.

Maximum sustained winds were at 115 mph as the storm worked its way northwest.

 

 

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Thu, 08/25/2011 - 14:12 | 1600727 IQ 101
IQ 101's picture

Or into? my plane is waiting,must go spray.

Thu, 08/25/2011 - 13:51 | 1600570 whisperin
whisperin's picture

Is the big "0" going to ride it out at Martha's Vineyard?

Thu, 08/25/2011 - 13:52 | 1600575 dropdeadfed
dropdeadfed's picture

Metaphoric.  I wonder if you turned and/or reversed that curve along the coastline if it would closely resemble any kind of financial chart....

Thu, 08/25/2011 - 13:52 | 1600577 mynhair
mynhair's picture

Is there a NYSE Rule 48H?

Thu, 08/25/2011 - 13:52 | 1600580 Stoploss
Stoploss's picture

Don't forget about these. New quakes and aftershocks.  Double whammy.

http://earthquake.usgs.gov/earthquakes/recenteqsww/

Thu, 08/25/2011 - 15:59 | 1601310 Bob
Thu, 08/25/2011 - 13:53 | 1600584 pazmaker
pazmaker's picture

In western NC here...so hopefully it stays out to the east!   We had some really damaging winds this summer from some brutal thunderstorms and I have a lot of trees and debris that fell to clear out in my woods...waiting until fall for the growth to die down and for it to be a bit cooler.  STAY AWAY IRENE!!!!

Thu, 08/25/2011 - 13:55 | 1600603 Gubbmint Cheese
Gubbmint Cheese's picture

No matter how fast they are.. Irene's winds will be offset by the massive sucking going on at 33 Maiden Lane.

ergo - this will be a nothingburger.

 

 

Thu, 08/25/2011 - 16:47 | 1601535 MsCreant
MsCreant's picture

Perhaps the storm will be swallowed by the dark pools of the shadow banking system and there will be no (derrived) effect at all?

Thu, 08/25/2011 - 13:57 | 1600612 Brokenarrow
Brokenarrow's picture

I would give up a year of my life to see lower manhatten under ten feet of water.

Thu, 08/25/2011 - 14:01 | 1600632 andybev01
andybev01's picture

"Paging Al Gore; Mr. Gore please pick up line 1."

Thu, 08/25/2011 - 15:23 | 1601113 Sudden Debt
Sudden Debt's picture

His cell phone doesn't have very good reception in his private jet.

 

Thu, 08/25/2011 - 13:59 | 1600624 mt paul
mt paul's picture

long hurricane ...

Thu, 08/25/2011 - 14:02 | 1600639 Professordoomfinger
Professordoomfinger's picture

Short Berkshire Hath(Blown)away (by catastophic losses)

 

Thu, 08/25/2011 - 14:10 | 1600703 stiler
stiler's picture

betting on 'crash the system and reset'?

I'm betting on ever increasing "birth pangs" in intensity and frequency.

 

Thu, 08/25/2011 - 14:51 | 1600961 IQ 101
IQ 101's picture

Birth pangs! self evidant and true.

Thu, 08/25/2011 - 15:29 | 1601144 JB
JB's picture

+1 Revelation reference.

Thu, 08/25/2011 - 14:10 | 1600707 LFMayor
LFMayor's picture

Come on
Irene
tuh la ray (or some Gaelic shit)

I said come on Irene
Tu la ray
come on
Irene

Thu, 08/25/2011 - 14:15 | 1600747 cynicalskeptic
cynicalskeptic's picture

Always thought it was lunacy to build Battery Park City only marginally above sea level..... Global warming was eventually going to swamp downtown but clearly someone forgot about past hurricanes in NYC..... one flooded lower Manhattan up to Canal Street.

Expect subways to flood - next week is not going to be fun if you work in lower manhattan

I wonder how waterproof the gold vaults under the NY Fed are?

Thu, 08/25/2011 - 14:15 | 1600754 Downtoolong
Downtoolong's picture

Someone go slap those Wall Street traders in the face with a hard copy of this post. Otherwise, like I said before, they will "never see it comin." That probably goes for the ABA too.

 

Thu, 08/25/2011 - 14:21 | 1600798 Jim in MN
Jim in MN's picture

Sell now/Friday or wait until after Labor Day.  This bitch is coming down and it isn't getting up real soon.

I do hope the casualty count is low.  But there won't be power on the trading floors for many days.

Thu, 08/25/2011 - 14:23 | 1600808 stuartbushcraftblog
stuartbushcraftblog's picture

Are Wall streets trade-O-matic 2000's waterproof?

 

Maybe this is what it takes to interupt Goldman Sachs 'lucky' trading streak,a biblical disaster.

 

BIBLICAL DISASTERS BITCHEZ (after all ZH wouldn't be ZH without it).

Thu, 08/25/2011 - 14:25 | 1600821 Negro Primero
Negro Primero's picture

Funny Webcam Message:

"We'll Be Right Back........After We Deal Whith Our Friend IRENE"

http://www.webcams.travel/webcam/1259892075-Weather-Grabbercam-Great-Gua...

Thu, 08/25/2011 - 14:31 | 1600854 JLee2027
JLee2027's picture

Right through Wall Street? What are the odds I ask? There is a God...and he's pissed off.

Thu, 08/25/2011 - 15:16 | 1601085 IQ 101
IQ 101's picture

I hope the NEST that is Wall st. gets flattened,And an EQ of massive proportions punx the whole bitch-show.

Thu, 08/25/2011 - 19:09 | 1602006 TheFourthStooge-ing
TheFourthStooge-ing's picture

Right through Wall Street? What are the odds I ask? There is a God...and he's pissed off.

The fightin' Jesus, kicking some moneychanger ass:

http://en.wikipedia.org/wiki/Cleansing_of_the_Temple

Fuck yeah!

 

Thu, 08/25/2011 - 14:35 | 1600878 krypplephite
krypplephite's picture

After leveling Wall Street, I hope it makes a bee-line straight up the L.I.E. and lays waste to the Hamptons too...

Thu, 08/25/2011 - 19:10 | 1602009 TheFourthStooge-ing
TheFourthStooge-ing's picture

After leveling Wall Street, I hope it makes a bee-line straight up the L.I.E. and lays waste to the Hamptons too...

+200-mile-wide belt sander

 

Thu, 08/25/2011 - 14:52 | 1600964 Crassus
Crassus's picture

Hoping that the Central Bank of Iraq-Development Fund for Iraq records are secure at 33 Liberty Street, particularly those from 2003.

Thu, 08/25/2011 - 15:19 | 1601094 IQ 101
IQ 101's picture

I hope the records in building 7 will remain secure in the coming storm.................oh, never mind.

Thu, 08/25/2011 - 14:55 | 1600974 WTFisThat
WTFisThat's picture

 Atlantic Hurricane IRENE Intermediate Advisory Number 21A 08/25/2011 01:45 PM EDT 000 WTNT34 KNHC 251745 TCPAT4 BULLETIN HURRICANE IRENE INTERMEDIATE ADVISORY NUMBER 21A NWS NATIONAL HURRICANE CENTER MIAMI FL AL092011 200 PM EDT THU AUG 25 2011 ...EYE OF IRENE OVER ABACO ISLAND... SUMMARY OF 200 PM EDT...1800 UTC...INFORMATION ---------------------------------------------- LOCATION...26.5N 77.2W ABOUT 105 MI...170 KM N OF NASSAU ABOUT 610 MI...980 KM S OF CAPE HATTERAS NORTH CAROLINA MAXIMUM SUSTAINED WINDS...115 MPH...185 KM/H PRESENT MOVEMENT...NNW OR 335 DEGREES AT 14 MPH...22 KM/H MINIMUM CENTRAL PRESSURE...951 MB...28.08 INCHES WATCHES AND WARNINGS -------------------- CHANGES IN WATCHES AND WARNINGS WITH THIS ADVISORY... NONE SUMMARY OF WATCHES AND WARNINGS IN EFFECT... A HURRICANE WARNING IS IN EFFECT FOR... * THE CENTRAL AND NORTHWESTERN BAHAMAS A HURRICANE WATCH IS IN EFFECT FOR... * NORTH OF SURF CITY NORTH CAROLINA TO THE NORTH CAROLINA-VIRGINIA BORDER INCLUDING THE PAMLICO...ALBEMARLE...AND CURRITUCK SOUNDS A TROPICAL STORM WATCH IS IN EFFECT FOR... * NORTH OF EDISTO BEACH SOUTH CAROLINA TO SURF CITY NORTH CAROLINA A HURRICANE WATCH MEANS THAT HURRICANE CONDITIONS ARE POSSIBLE WITHIN THE WATCH AREA. A WATCH IS TYPICALLY ISSUED 48 HOURS BEFORE THE ANTICIPATED FIRST OCCURRENCE OF TROPICAL-STORM-FORCE WINDS...CONDITIONS THAT MAKE OUTSIDE PREPARATIONS DIFFICULT OR DANGEROUS. A TROPICAL STORM WATCH MEANS THAT TROPICAL STORM CONDITIONS ARE POSSIBLE WITHIN THE WATCH AREA...GENERALLY WITHIN 48 HOURS. WARNINGS WILL LIKELY BE REQUIRED FOR PORTIONS OF THE WATCH AREA LATER TODAY. THE HURRICANE WATCH WILL ALSO LIKELY NEED TO BE EXTENDED NORTHWARD ALONG THE MID-ATLANTIC COAST LATER TODAY. INTERESTS ELSEWHERE IN THE MID-ATLANTIC STATES AND NEW ENGLAND SHOULD MONITOR THE PROGRESS OF IRENE. FOR STORM INFORMATION SPECIFIC TO YOUR AREA IN THE UNITED STATES...INCLUDING POSSIBLE INLAND WATCHES AND WARNINGS...PLEASE MONITOR PRODUCTS ISSUED BY YOUR LOCAL NATIONAL WEATHER SERVICE FORECAST OFFICE. FOR STORM INFORMATION SPECIFIC TO YOUR AREA OUTSIDE THE UNITED STATES...PLEASE MONITOR PRODUCTS ISSUED BY YOUR NATIONAL METEOROLOGICAL SERVICE. DISCUSSION AND 48-HOUR OUTLOOK ------------------------------ AT 200 PM EDT...1800 UTC...THE CENTER OF HURRICANE IRENE WAS LOCATED NEAR LATITUDE 26.5 NORTH...LONGITUDE 77.2 WEST. IRENE IS MOVING TOWARD THE NORTH-NORTHWEST NEAR 14 MPH...22 KM/H. THIS MOTION IS EXPECTED TO CONTINUE THROUGH TONIGHT WITH A TURN TOWARD THE NORTH BY EARLY FRIDAY. ON THE FORECAST TRACK...THE CORE OF THE HURRICANE WILL MOVE NORTH OF THE NORTHWESTERN BAHAMAS LATER TODAY...AND PASS WELL OFFSHORE OF THE EAST COAST OF CENTRAL AND NORTH FLORIDA TONIGHT AND EARLY FRIDAY. THE HURRICANE IS FORECAST TO APPROACH THE COAST OF NORTH CAROLINA ON SATURDAY. MAXIMUM SUSTAINED WINDS ARE NEAR 115 MPH...185 KM/H...WITH HIGHER GUSTS. IRENE IS A CATEGORY THREE HURRICANE ON THE SAFFIR-SIMPSON HURRICANE WIND SCALE. SOME STRENGTHENING IS POSSIBLE TODAY AND TONIGHT. IRENE IS A LARGE TROPICAL CYCLONE. HURRICANE FORCE WINDS EXTEND OUTWARD UP TO 70 MILES...110 KM...FROM THE CENTER...AND TROPICAL STORM FORCE WINDS EXTEND OUTWARD UP TO 290 MILES...465 KM. THE LATEST MINIMUM CENTRAL PRESSURE REPORTED BY AN AIR FORCE RESERVE HURRICANE HUNTER AIRCRAFT WAS 951 MB...28.08 INCHES. HAZARDS AFFECTING LAND ---------------------- WIND...HURRICANE FORCE WINDS ARE OCCURRING OVER PORTIONS OF THE NORTHWESTERN BAHAMAS. HURRICANE OR TROPICAL STORM FORCE WINDS ARE STILL OCCURRING OVER PORTIONS OF THE CENTRAL BAHAMAS...BUT SHOULD BEGIN TO DIMINISH LATER TODAY. TROPICAL STORM FORCE WINDS ARE POSSIBLE WITHIN THE WATCH AREA ALONG THE COAST OF NORTH AND SOUTH CAROLINA BY LATE FRIDAY. STORM SURGE...IN AREAS OF ONSHORE WINDS NEAR THE CENTER OF IRENE... AN EXTREMELY DANGEROUS STORM SURGE WILL RAISE WATER LEVELS BY AS MUCH AS 7 TO 11 FEET ABOVE NORMAL TIDE LEVELS OVER THE NORTHWESTERN BAHAMAS. WATER LEVELS WILL GRADUALLY SUBSIDE OVER THE SOUTHEASTERN AND CENTRAL BAHAMAS TONIGHT. NEAR THE COAST...THE SURGE WILL BE ACCOMPANIED BY LARGE AND DANGEROUS WAVES. RAINFALL...IRENE IS EXPECTED TO PRODUCE RAINFALL ACCUMULATIONS OF 6 TO 12 INCHES OVER THE NORTHERN BAHAMAS. SURF...SWELLS GENERATED BY IRENE ARE AFFECTING PORTIONS OF THE COAST OF THE SOUTHEASTERN UNITED STATES. THESE SWELLS WILL CAUSE LIFE-THREATENING SURF AND RIP CURRENT CONDITIONS. PLEASE CONSULT PRODUCTS FROM YOUR LOCAL NATIONAL WEATHER SERVICE FORECAST OFFICE. NEXT ADVISORY ------------- NEXT COMPLETE ADVISORY...500 PM EDT. $$ FORECASTER BROWN

Thu, 08/25/2011 - 15:06 | 1601006 Flakmeister
Flakmeister's picture

Am up in Westchester, just got back from the grocery store.... picked up a few extra batteries and couple gallons of bottled water.. Might hit the wine store this aft for a couple of cases..

If this latest path holds, Saturday will be an absolute shit show as the sheeple start to panic....

 

Thu, 08/25/2011 - 15:21 | 1601104 IQ 101
IQ 101's picture

Get out now with your loved ones,buy a tent and go camping as far west as your wallet will allow.

Thu, 08/25/2011 - 15:35 | 1601179 Flakmeister
Flakmeister's picture

Naw.... we are fine where we are... I want to stay aware from the roads..

Main concern is power, Westchester is very wooded and almost any significant storm causes multiple downed lines, tree and whatnot... The parkways are also prone to flooding.

Thu, 08/25/2011 - 16:00 | 1601316 IQ 101
IQ 101's picture

May God be with you and yours,

Wrath upon the syndicate,

Camping is fun,even if you never went camping before,

Get out .

Go and BBQ some hot dogs @ camp Snoopy..

Do not underestimate God's wrath.

Prey for utter destruction of habitual corruption,

Get out. Or EQ's in DC are normal? No, it is a warning for them who have eye's to see and ears to hear, the EQ was a forewarning.

GTFO NOW! SLEEP IN THE CAR,

Get out!

Thu, 08/25/2011 - 16:04 | 1601334 Flakmeister
Flakmeister's picture

I've done some serious camping/hiking.... Look up Cape Scott, Cape Fife...

Is DC a geologic hot spot? No, but there are faults of some form or another just about everywhere...

Thu, 08/25/2011 - 16:10 | 1601362 IQ 101
IQ 101's picture

Tis all just a koinky dink then? Get west.

Thu, 08/25/2011 - 15:31 | 1601154 Shineola
Shineola's picture

That which does not kill us, makes us stronger! 

 

Hell, this is could be epic!   I wish I could be there to ride it out with ya!

 

Remember, bleeding is the first step in the healing process.   :)

Thu, 08/25/2011 - 15:31 | 1601155 goldfreak
goldfreak's picture

At what wind speed do windows start breaking? Is it about 80 mph wind?

Thu, 08/25/2011 - 15:32 | 1601156 goldfreak
goldfreak's picture

dupe

Thu, 08/25/2011 - 15:34 | 1601173 Shineola
Shineola's picture

Maybe TPTB will fire up that HAARP machine and steer this bad-girl out to sea? 

Thu, 08/25/2011 - 15:36 | 1601184 lolmao500
lolmao500's picture

Is it me or people in NY are arrogant? I mean, a lot of people are trying to warn them and they say... meh, nothing will happen because I say so!

A lot of people are gonna win a darwin award if tshtf...

Thu, 08/25/2011 - 15:47 | 1601246 Bastiat
Bastiat's picture

Mother Nature raising the margins on Wall St. 

Thu, 08/25/2011 - 15:49 | 1601256 Bastiat
Bastiat's picture

Krugman must be drooling at the money that will be spent repairing and re-building.  I wonder if he has factored in a weekend of last wages for the hookers?

Thu, 08/25/2011 - 16:08 | 1601353 Manthong
Manthong's picture

Gonna' have a lot of broken windows to fix.

Thu, 08/25/2011 - 15:56 | 1601289 Omen IV
Omen IV's picture

watch the trees coming down on autos everywhere

Thu, 08/25/2011 - 16:18 | 1601405 Temporalist
Temporalist's picture

LOL NY is already in a State of Emergency.

Thu, 08/25/2011 - 16:21 | 1601418 JohnFrodo
JohnFrodo's picture

What is manhattan real estate worth a sqft. Cause by monday some will be gone and others will now have oceanfront.

Thu, 08/25/2011 - 17:07 | 1601608 tim73
tim73's picture

Relax, our new overlords, the Algo-Servers are in missile silos and submarines. They will survive and continue their superfast trading long after the human race is gone!

Thu, 08/25/2011 - 17:09 | 1601619 tim73
tim73's picture

I could preempt this and go to New York Public Library and start burning taxation books! Day before tomorrow! Woot! :)

Thu, 08/25/2011 - 20:31 | 1602251 Loose Caboose
Loose Caboose's picture

Justice would mean the whole of DC, the FED, and Pentagon as well as all the Banks are in town for a big meeting when it strikes.

Yup, and then Irene just continues to blow all that crap all the way to fill up Jackson Hole.

Good Night Irene!

Disobey.

Thu, 08/25/2011 - 21:13 | 1602370 Buck Johnson
Buck Johnson's picture

Remember much of New York, New York City and New Jersey is at coast level not to mention alot of canals to the ocean are running through the area.  So when the Hurricane pushes the water up the esturaries and canals, we may see massive flooding from the ocean and lakes and then flooding from the 15 or more inches of rain within 24 hours.

Fri, 08/26/2011 - 00:26 | 1602959 KickIce
KickIce's picture

Go Irene, kick ass and take names.  Might as well open a can of whoop ass on DC while you're in the area.

Fri, 08/26/2011 - 10:33 | 1604068 rich_wicks
rich_wicks's picture

Please God, let it kill every damned one of them?

Dear Satan, you may have my soul if you kill every damned one of them.

Fri, 08/26/2011 - 15:21 | 1605240 johnjb32
johnjb32's picture

Collapsenet is tracking Hurricane Irene and has some great analysis for everyone to read...highly recommended:

 

http://goo.gl/XbYYm

 

 

Do NOT follow this link or you will be banned from the site!