Market Talk – May 16, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 534.53 points or 1.39% to 38,920.26 Shanghai increased 2.50 points or 0.08% to 3,122.40 Hang [...]
The 8th Largest Snow Storm to Hit North America
Seven counties in New York State have been buried in snow as their regions are declared snow emergencies. Albany even had to tow some 240 cars since declaring the emergency. This has been the biggest snow storm on record this early in the season, and it turned out to be the eight largest snow storm on record. St. Paul voted to increase snow emergency towing fees to $300. Meanwhile, in Duluth, they have voted to revamp broken snow emergency system designating specific roads to be used in a snow emergency.
Unfortunately, each year is progressively getting colder. The next solar cycle begins in 2020 and it should be the weakest in hundreds of years. This can get colder going into 2024.
It has been unseasonably cold in Florida, Abu Dhabi, and even in Thailand.
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