Transitory Inflation
Written by Jim Welsh
Macro Tides Weekly Technical Review 26 April 2021
Hurricanes are by their nature transitory. As a hurricane moves onshore or over cold water wind speeds drop significantly. Hurricane damage is determined by wind speeds and the amount of rain that falls in a short period of time. A Category 1 hurricane won’t cause much property damage due to wind speed but may produce severe flooding if it moves slowly. Conversely, a fast moving hurricane may not cause much flooding but can produce catastrophic damage it if is a Category 4 or 5 hurricane. Only 7% of the 243 hurricanes observed since accurate satellite measurements began in 1983 have reached an intensity of a Category 5 hurricane.
Source: http://econintersect.com/pages/investing/investing.php?post=202104262358
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