Something bigger than we talk about today. Todays sleepy session was the new normal. Ive made no secret of the fact that i think that the end of the recession with the Federal Reserve, it has caused millions of people to miss this amazing run from the generational bottom seven and a half years ago. The current hiatus in buying ahead of Janet Yellens speech in jackson hole is typical. We wait and then its gone. What, why have so many been so skeptical of every darn move higher . Because investors have been conditioned to brief that once the fed starts raising Interest Rates regularly, they believe they believe it never should have gone up in the first place. Everything that can cause a stock to raleigh, from the dividend yield to a shrunk share account, people presume that stocks have to plummet. I have never chosen to make investments based on the feds next move. Because the fed ive known is a fickle beast thats often wrong, parsing every word is a huge waste of time if youre trying to
Something bigger than we talk about today. Todays sleepy session was the new normal. Ive made no secret of the fact that i think that the end of the recession with the Federal Reserve, it has caused millions of people to miss this amazing run from the generational bottom seven and a half years ago. The current hiatus in buying ahead of Janet Yellens speech in jackson hole is typical. We wait and then its gone. What, why have so many been so skeptical of every darn move higher . Because investors have been conditioned to brief that once the fed starts raising Interest Rates regularly, they believe they believe it never should have gone up in the first place. Everything that can cause a stock to raleigh, from the dividend yield to a shrunk share account, people presume that stocks have to plummet. I have never chosen to make investments based on the feds next move. Because the fed ive known is a fickle beast thats often wrong, parsing every word is a huge waste of time if youre trying to
We know that more is on the way. Hurricane hermine slammed into the Florida Panhandle overnight. Bringing with it powerful winds, 80 miles an hour. Gusts even stronger. Yeah. We are going to lose the power line here. Reporter the first storm to make landfall in florida in 11 years. Definitely leaving a mark. Just because it is clear outside does not mean its safe. Reporter snapping trees, crushing cars and homes, and knocking power out to tens of thousands. Water pounding the coastline and surging inland. Leaving behind devastation. Crews in cedar key are assessing the damage this morning. Cinder block walls and this dock couldnt withstand the thrashing. Hermine has dropped to Tropical Storm status and is heading up the east coast. Parts of georgia and the carolinas under a state of emergency. We expect Tropical Stormforce winds between 3040 Miles Per Hour, sustained. Reporter preparations preventing excessive damage there. We want everyone to please be safe. Reporter officials warning
Suspended for those first four games. Anchor on a scare at the route 128 Commuter Rail station some one left an unattendeding about on a stoughton line train and Police Ordered everyone off while they investigated. They did clear the scene and allow passengers safely become on to the train. Anchor also here at 4 30 or 5 30 were tracking Tropical Storm hermine causing a flood of trouble in the southeast. You can see here the impact that storm left on florida. The way up the coast. Anchor big question is, how and when might it affect new england as we get into the Holiday Weekend. Lets check that forecast with jeremy reiner. Anchor timing right now looks like late sunday night and through the day on monday the best chance of that bothering us and again were still thinking fringe effects. Not going to be directly affecting southern new england right here are the latest statistics on hermine. Winds at 50 Miles Per Hour moving northeast at 20 Miles Per Hour moving through north outer banks
Reporter not a lot of rain, but the wind has been kicking up twpt miles an hour 20 miles an hour sustained wind and gusts 36 miles an hour. People have been coming to the beach all afternoon in chattum to experience the force of hermine. They want to feel the sand stinging their face and the huge white caps off the shore and the winds blowing from offshore. I see you trying to lean back how far have you been able to lean back . 10 degrees maybe. Reporter you dont seem to be you seem to be having the time of your life. It is not a hurricane, but it is close. Reporter away from the beach the tourists struggled with their umbrellas as they made their way from shop to shop on main street in chattum. Part of the treetop pelled over in the wind today. Sand. The sand stinging their face as the wind gusting up to 36 miles an hour. The crowds dont seem to have been affected that much. People who continue come here experienced hermine instead. Wcvb newscenter 5. Anchor the storm putting a damper