Friday, August 26, 2011
The hype over Hurricane Irene is overblown, predicts the CEO of Advanced Forecasting Corporation. (Link)
The demise of Irene has already begun. There is no visible eye. The storm intensity is down to 99 mph. With 90% confidence, we predict a total damage bill below $1 billion.
Oh no, will millions of casino/ alcohol dollars be lost for nothing?
Irene is churning north packing maximum sustained winds of 115 miles (185 kilometers) per hour, a Category 3 hurricane on the five-step Saffir-Simpson scale, the National Hurricane Center said in a 2 a.m. Miami time advisory. Earlier estimates had Irene growing to Category 4 with winds of up to 155 mph. Aug. 26 (Bloomberg)
Even the billboards are coming down!