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way. our models are in agreement how it works across the islands, running north of puerto rico and north of cuba. this goes until friday evening and some models showing saturday morning. we have a long time until it gets off the florida coast. right here is where it s interesting. all of a sudden it s difficult to forecast. you can see the motion and how it runs into the gulf of mexico. that is not what we re seeing and it s all because of steering winds. we have a big high pressure system that has been forcing this and pushing this further and further south, a lot of times a hurricane in this area will turn and go back out to side. eventually as it gets closer, upper level winds look as it will drag it up the east coast. if we re lucky it turns and misses everything. i m not so sure that will happen. we ll have to pay attention to florida as it gets closer. that s going to a big one there,
next couple days. shepard: anybody that had to walk to the subways or grab a bagle in new york city knows it s crazy. wind gusts up to 60 miles an hour. yeah, that s what we re talking about. that will be picking up in the next couple hours. you can see this huge system climbing up the east coast from new york into eventually from d.c. running north in to the new york area. temperatures hovering around 40 degrees. this is a big part of it. right along the coast, windy, heavy rains, further inland, begin to see ice. further inland, more elevation. that s where we ll see snow. this system no longer causing tornadoes but a mess. heavy rain along the coast. in some cases, several inches that could cause ponding on roads. inland, that s where the snow is. the biggest story for coastal communities is all about those winds. yes, heavy rains, but we re looking at winds look at this. atlantic city, 54 miles an hour. new york city getting closer to
it raises a question as to whether or not the federal reserve needs to start raising interest rates anytime soon. so i would kind of rule out the market response today. we re going into a long holiday weekend. you ve got the greek referendum on sunday. the chinese market was down last night. there are other factors thatfor people to keep their wallet on their hip today. you mentioned wallets. in terms of hitting home for those who are working, only tepid wage growth over the past year. how big of a problem is that for the overall economy? it s something that janet yellen, the chair of the fed, and the entire federal reserve is keeping an eye on. they would like to see wage growth accelerate and distribute the gains from this economic recovery, however you want to characterize it more broadly across the spectrum. and that hasn t been happening. wage inflation is virtually nonexistent. running north of 2.0% annual
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