The dow was down about 135 points at the lows of the session. Before ending the day higher by 55 investors initially piled into risk off trade gold at its highest level in a year, but that turned negative the dollar getting crushed earlier, hitting two and a half year lows before gaining back all the lost ground then some. The vix which was up as much as 17 today ended up not even 4 higher, so, is this the market that you cant sell . And theyre in a risk to the market what is . Obviously, you cant at a certain point, but we had this conversation, the news about missile broke about 20 minutes into the show night. We had an interesting conversation, but one of the take aways was it wasnt the actually Missile Launch in our opinion that was going to be the side effect for the market it was whatever the response was going to be. Quite frankly, we havent seen a response, so i think we try to keep cool heads last night turned out to be the right advice the vix, that tells you all you need to
And one lucky guy, fox news contribute, jason chaffetz. Hes outnumbered. Thanks for having me. Yeah, you get inspired by what the people are doing. The magnitude of this storm is scary. Yes. Tropical storm harvey making its second landfall battering towns along the texas and louisiana border and threatening new orleans. 12 years after katrina. This as the death toll in houston has risen to at least 20 now. Authorities expect that number the climb higher as the waters recede. Among the lost a Houston Police officer who drowned in his patrol car on his way to work. Officials say 13,000 people have been rescued. But others still desperately trying to escape their inundated homes. The head of fema making clear the main priority remains getting folks to safety. The operation right now is very clear. Were still in lifesaving, lifesustaining mode. Not only are we performing through our partners at the coast guard, were performing the life safety measures. The life sustainment mission is huge.
Few hours to add to the record breaking totals. The highest rainfall total from harvey thus far almost 52 inches in cedar bay ou. Right now houston is under curfew until 5 a central team, 6 00 eastern. Part of an effort to stem looting. 14 people have been arrested for looting in the past 48 hours. He says anyone caught looting in the disaster area faces extra punishment. Northwest of muft Officials Say the water keeps rising in the addicks and barker reservoirs even after it flows over the spillways. Homes have seen three and five feet of flood water. Water is not expected to stop until midseptember. There are nine confirmed deaths from harvey including a Houston Police officer who you see there. He drowned trying to get to work during the flood. We cant find him and well once we got out there it was too treacherous to go under and look for him. As much as we wanted to recover him last night we could not put another more officers at risk. For what we knew in our hearts was going to be
Dropped, making this one of the top three or four lowest pressures of a landfall hurricane in the United States, very serious situation. We are getting wind gusts of 10. Looking at six and a half feet already around apalachicola, water is going in, you can see a portion of this i wall making it a magnet on shore between panama city and mexico beach, very powerful situation with the winds. We are looking at Hurricane Force wind gusts and this rain bans away from the center and that could be incredibly dangerous. Very dangerous situation, if the eye wall makes it to land over the next hour or so. This is something we want to talk about, some people if you are in some of these areas as we travel northward could get some calm in the eye of the storm. Its very dangerous to go outside during that time, that calm doesnt last long and you still have the other side of the eye to get there and that could cause a lot of problems. Be very careful about that. Take a look at the forecast with time,