Transcripts For FOXNEWSW Your World With Neil Cavuto 2019083

FOXNEWSW Your World With Neil Cavuto August 30, 2019

Floridas National Guard mobilizing up to 4,000 troops. Some stores are running out of water amid panic buying. Gas shortages resulting in long lines at the pump. When will it hit and how bad will it get . To Rick Reichmuth in the fox weather center. What are we looking at . Still dont have that answer. We dont know how strong it will be. What i have here, this is Hurricane Matthew in 2016. It came down from the caribbean here. The entire time we were forecasting would move over land and run up to the coast. It stays just offshore and caused big problems in the carolinas. That is a scenario that could happen in this case. I put on here all of our weather models. You can see it moves a different direction the way its coming up florida but makes this righthand turn. Some of the models inshore that difference between 10, 20, 30 miles is really difficult and also impossible for us to say exactly where that turn will happen. Were trying to get to the bottom of it. At this point, could be offshore, could be on shore, could be towards western parts of florida. Everybody needs to prepare for the west case and hope for the best case that it stays offshore. Theres the official track. What you see again here, i also want to show you that conditions right now have been more favorable for strengthening. Thats what weve seen throughout the day today. Center of the storm clearing out. It looks like a textbook hurricane right here. That is the visible imagery, the infrared imagery. Its a textbook looking storm. At this point, everything in its path is clear sailing for additional strengthening. Thats what the official forecast does. Again, i put on here, if it did stay just offshore, then it potentially thursday and friday of next week, impact georgia and the carolinas. Goes on shore and disintegrates causing damage to florida. That is at this point. Most likely scenario scenario. Our models go to the east. Everything makes this righthand turn so close to the coast here. Thats why this is so difficult for us to forecast. Neil thank you. Youll be in for a busy couple days. Florida is dealing with the loss gas lines as people try to fill up before this thing strikes. Rick leventhal with the very latest. Hi, rick. Neil, theres four major cities in the state of florida that have less than half hoff their gas stations that still have fuel. They include miami and gainesville and fort myers and west palm beach. The uncertainty of the path of this storm is the main reason why no mandatory evacuation orders have been issued. They dont know who to tell the leave. In the keys, officials are urging visitors to calmly leave if they have the means to do so, to put less stress and pressure on services. The coast guard is telling people to stay off the water. Dont take boats on the water. Rough conditions make it more difficult for the coast guard to affect rescues. Weve seen long lines at gas stations, at box stores and even at home depot where people are picking up generators and wood and gas cans and that sort of thing. Heres what one store manager told us. Everybody is prepping for the storm early. Thats a good thing. Water has gone, generators have gone, plywood is flying off the shelf. Schools are being closed ahead of this oncoming storm. Other measures are being taken inclauding at military bases where the navy, the air force are moving jets, warships out of the area, out of the state of florida to avoid any issues there. We heard from the governor about the dangers of this slowmoving and quickly strengthening storm. I would just say this is the one constant on this storm, you know, the track has been here or there. Theres been a lot of uncertainty. But the one thing thats been pretty certain is that this thing has been getting stronger, very consistently. Completely in line with all of the forecasting. So we anticipate this arriving somewhere in florida as a major hurricane. It could reach a category four plus winds. Neil, despite the sunshine and the heat today, the ground is saturated here in florida. So if we get anywhere near the up to foot, 15 inches or more of rain that theyre predicting, flooding could be a real problem down here in south florida especially. Man. What a mess. Thanks, rick. This could be the strongest storm to strike florida since at least hurricane andrew in 1992. Hollywood, florida, could take a direct hit. The major of hollywood right now joins us. Thanks for taking the time, mayor. Good to be here, neil. Neil im hearing in the keys, if you want to evacuate, you can. Its a request. Its not an order. When does it go to an outright order . You know what im saying. Do you decide that . Clearly the National Hurricane center takes a big lead here. When they declare around we expect them too tomorrow, declare a hurricane watch, hurricane conditions are expected within 48 hours, that triggers Broward County to have the state of emergency to issue and evacuation order. Theres different phases of them, a mandatory order would cover our Barrier Island where a lot of the tourists and hotels and thousands of residential units are and evacuation zone b that takes you west of us 1, a lot of neighborhoods, usually voluntary. Depends on the storm track. What are your constituents doing in your town . We hear of fuel shortages, stores out of water, key supplies. What about in your area . Look, much of the same. Ill tell you, hollywood, florida, in between ft. Lauderdale and miami, were the 12th largest city in the state where 150,000 residents. Were home to port everglades, which is the Petroleum Port for all of south florida. All of the petroleum comes to miami and south florida and our city, of course, comes through port everglades. Spoke with the county mayor and the county administrator. Was assured there was enough petroleum supply, gasoline in the large historic tanks at the port to supply trucks. Hurricane irma two years ago, trucks to make their way to gas stations were escorted by police because of the Mass Evacuations taking place. This time not Mass Evacuations because people are staying put because of the uncertainty. Two years ago, there with people finding themselves along the turnpike trying to escape to a safe haven and finding themselves of where the storm. So people are nervous. At the same time, preparing. Of course, residents are protecting their property. The white house reached out to make sure that we had everything we needed prestorm. A lot of that takes place, hopefully doesnt need to take place but after storm. Neil going to be a busy major. Thanks for taking the time to talk to us. Be well, be safe. Thank you. Neil dorian might be on the move but passengers will not be. 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They want to make very sure before they change all of their plans that it is hitting in certain areas. So right now what were seeing is a handful of delays out of orlando, some out of miami. 20 in orlando, seven in miami. Not a whole lot. Nonetheless, all of the Major Airlines are waiving fees. Theyre allowing anybody that wants to make changes or cancel flights to do so. Weve seen people coming to ohare. Theyre getting on their planes to florida. Some are going on vacation despite the storm ready to batter the coast of florida. Its unnerving. The most recent track we saw is right near where we live in jupiter. So im anxious to get home and anxious to get the house shuttered and anxious to stay inside. I took pictures of the hurricane and sent it to my dad. He said yes, youre coming. So i guess were going to florida. Looking at the boards here, theres a couple of flights out of miami. Both of them are on time. You mentioned, neil, the hub and spoke system, this domino effect. Once we see the delays, thats when its going to have a wideranging impact and disrupt the system across the country. Were waiting for that. Its a matter of time as the storm gets closer. Well stay on top of it for you. Neil thanks, grady from ohare. Travelers are bracing for whatever could be coming their way. If hes right, a lot could be coming their way. Gabe, what are we looking at here . Youre going to the airport. You feel confident. Im not heading to florida. Im not even heading to the southeast. What do you tell them . Well, first of all, as soon as you see the airlines issue the waive fees, options, you take them. They have figured out its going to be a mess. If youre second guessing going to florida over the next couple days, i would take advantage of those waived fee options because its a better way to go. If you can avoid it, thats the better option. As you said, theres this trickle effect, downstream effect that we see all the time. You can see aircraft or crews stuck on the ground in florida, that could affect your flight in new york. My flight here in l. A. Or anywhere in between. You know, you often hear too that people theyre happy to waive the fees. They might have booked the ticket at a big discount months ago and they have to replace it so what happens to them . So very restricted windows where the change fees. For example, united will let you change your flight if it happens between now and september 11th for another flight to that specific destination. You have to be in the same cabin, go to the same destination. If you change your destination, theyll waive the change fee, but youre still stuck having to pay any fare differences. If youre stuck in florida, wait till after september 11. These are tight windows. The airlines dont like to do this. In 2017 when we saw harvey and irma and maria roll through, the Airlines Reported a half billion in losses. They dont want to waive the fees. The only way they are to minimize the pretty dramatic impact were expecting to see next week. Most flyers are coming out of the Labor Day Weekend on monday, maybe tuesday. Thats when the bulk of this energy is supposed to touch land. Thats when well see most of the havoc be wreaked across the country. Neil a lot of people that double, triple book. What do you tell them . Its not a wise things to do because youre dealing with fees that just will completely continue to stack up. I think that if youre flexible enough, this is a region that you want to avoid. But if you must go, make sure that youre following these airlines on social media. Download the app on your phone. Program the 800number on your phone as well. For cruisers, keep in mind a lot of the call centers are based in florida. Theyll be dealing with reduced staff. So its online. For social media, youll get the lastminute and realtime alerts come monday and tuesday. Neil wise words, gabe. Thanks very much. Good seeing you. Thanks, neil. Neil we have a trade fight that has really whip sawed the markets this past month. Wee had an up week but a down month. And trade for good or ill pretty much told you the whole story. What about september . If you have moderate to severe psoriasis or psoriatic arthritis, Little Things can be a big deal. Thats why theres otezla. Otezla is not an injection or a cream. Its a pill that treats differently. For psoriasis, 75 clearer skin is achievable, with reduced redness, thickness, and scaliness of plaques. For psoriatic arthritis, otezla is proven to reduce joint swelling, tenderness, and pain. And the otezla prescribing information has no requirement for routine lab monitoring. Dont use if youre allergic to otezla. It may cause severe diarrhea, nausea, or vomiting. Otezla is associated with an increased risk of depression. Tell your doctor if you have a history of depression or suicidal thoughts or if these feelings develop. Some people taking otezla reported weight loss. 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Its been a problematic month but this is one that was whipsawed and moving up or down depending on the latest trade news. Looked like we were closer to a deal and down and sometimes down a lot if it looked like it was falling apart and there would be retaliation. You know the drill. Calmer now. But for how long . Market watchers here with me. Tim, lets begin with you. Your sense after this month of august, which tends to be the roughest month of the year if we go back in history, what are we looking at for september . I think that hello . Neil go ahead. Im sorry. Okay. I think that were looking to get obviously a little bit more clarity out of the trade scenario. Also theres a Federal Reserve Interest Rate decision coming up september 18th. Now, really we had as much as it was a roller coaster ride on the markets for the whole month, we really state within a range of s p 2850 to 2950. And were pressed up against resistance right now. I really think the path of least resistance is a little bit higher. We just have to see if the yield curve situation can get straightened out, some resolution on the china trade and some more volume into the markets, certainly than what weve seen in the last month, even though it was volatile. Monica, we had a Consumer Sentiment number that was out. Very strong. The biggest drop weve seen since 2012. The consumer might be petering out a little bit. Not going to reverse. But how does that play into your forecast . Well, consumers are fickle. So while sentiment is going down, the actual spending is not going down. So what is interesting is right now businesses are jittery and traders are jittery, but the consumer still feels okay about their situation and the economy and their ability to spend. So youre really not seeing a lot of tensions creating chaos in the stock market. In order for that to happen, the consumer would have to start seeing business layoffs and Companies Really cutting back on their spending. The price of the goods that they buy shooting up. Right now inflation is low. A stock crash. Despite this volatility, the consumer is hanging in there. Its remarkable. Alan, youve talked about the market still solid. What i want to check back is how trade is continuing to dictate the pace, the trace, the tone on a daily basis. Better things look for trade, Better Things for stocks. Worse things are the opposite. That has ruled the roost here. What do you think . Yeah, very much in the short term. Look at the big term picture. Weve had a strong week. Welcome to the holiday weekend. Everybody is gone. Im in no hurry to get out of here. I like the market action, the way we have come back. Neil you do know the market is closed, right . You can go home now. Im not ready. Turn the machines back on. I want to see things continue right now. And not only that, we traded in this range, were breaking in the upside. Coming into today were 3 off the alltime highs in the s p. To use the old phrase fight the fed. Not only are you fighting the fed, lowering rates, putting your money in the stock market but youre fighting the Political Class right now that obviously will say and do anything they can to support the stock market for their honey selfinterests. So dont fight the trends and dont fight the overall sentiment. Tim anderson, you touched on the expectations of a fed cut next month. A quarter point to sort of get ahead of whatever trade impact were feeling and maybe more to come. Is it your sense that that will be enough to stave off any more of these crazy market days or that we have to get used to that . I really think that the fed can justify a 50 basis point cut in september very simply. All they have to do is say they need to bring their benchmark fed funds rate down in line with the rest of the yield curve. After that would happen, then i think you would eliminate a lot of volatility that weve seen in the last four to six weeks. Neil wow. Monica, what hes saying and hes a smart guy, you all are, that would be one way to stop this inversion where shorter term rates are higher thank longer term rates. The fear is if the fed is cutting rates, we have something to worry about. Im wondering if were half point whether that would sends panic to the markets. What do you think . I think youre right.

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