Financelot(@FinanceLancelot) 's Twitter Profileg
Financelot

@FinanceLancelot

From the Great White North
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calendar_today26-05-2020 23:44:56

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There's a lot of misinformation floating around about the G4 solar storm Friday.

You do NOT need to disconnect devices from power or pull antennas inside. Modern power grids have breakers installed so it will only interrupt radio signals.

It only affects the day side of Earth.

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Is The X-Files about to have a perfect batting average with a Carrington solar CME instead of an EMP? πŸ€”

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Sunspot AR3664 has grown so large, it now rivals the great Carrington sunspot of 1859. Here's the Carrington sketch (to scale) on the NASA photo of today's sun.

Carrington-class storms occur once every 40 to 60 years, but the CME would have to occur while it's facing Earth.

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The Space Weather Prediction Center has issued its first G4 severe geomagnetic storm watch in 2 decades for Fri night.

The last G4 storm in 2005 notably caused power outages in Sweden and damaged transformers in South Africa.

The Space Weather Prediction Center has issued its first G4 severe geomagnetic storm watch in 2 decades for Fri night. The last G4 storm in 2005 notably caused power outages in Sweden and damaged transformers in South Africa.
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It's ironic the same people who expect a soft landing are also expecting rate cuts.

There's no catalyst for the yield curve to drop if the economy is fine. If anything, it would send rates higher.

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