Page 9 - Rit Moves News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Times now. if you buy what the market bets are. you think we'll see two more rate cuts? >> yes. because of what is going on around the world, this is a global -- the earth might be in a depression the last ten years. only been alleviated through artificial means, which means irresponsible fiscal policy. maybe we should have been in a depression the whole time. that's my concern. that's why yields are negative around the globe. that's why we have very high interest rates relative to the environment. people have to understand that. >> neil: other guys are negative. we're around 1 1/2 to 1 3/4s. ...

Sform. >> -- the storm. >> the slower it moves, the longer it has to dump tremendous amounts of rain. the longer it sits over the water, the more time it has to intensify and strengthen. we don't want that. we don't want the storm to get stronger than it is. here's the latest statistics, 70 miles per hour winds sustained. keep in mind, that's 4 miles per hour of being a category one storm. we're very very close. forward movement northwest at only 5 miles per hour. there are hurricane hunters out right now taking a look at this particular storm. they're going in, they're taking a look at the st...

Meteorologist allison chinchar. >> that's right. yeah, we are talking about the latest update that we got just at the top of the hour. now, upgrading that to hurricane barry. winds are sustained at 75 miles per hour. but the key thing to note, it's still moving incredibly slow. that is the main reason why we're concerned about flooding because the slower it moves, the longer it can sit over the same spots and dump a tremendous amount of rain when it's going through some of these locations, and again, it's not just louisiana, other states are going to be impacted by this as well. we're already ...

Griff: meteorologist adam klotz is live with us tracking the storm. big easy is getting hit hard. adam: couple days out initial rain bands hitting new orleans. a lot more rain before said and done. still a low pressure system. before the day is over likely turning into a tropical storm. current there is forecast to run up to a category 1 hurricane. very late friday or very early saturday morning before making landfall. pay attention to that speed. this is crawling across the gulf of mexico which means there is still a little bit of time for this to change. and also means the longer it moves or...

Any energy towards the app there? >> there is always focus on the app. it depends on the funding. govern brown was a fan of this. i have not heard governor newsom weigh in. there are things that make it difficult. you are not just sitting in your office or your room doing this all by yourself. the first wave that comes in, the p waves are not necessarily felt. it is not necessarily obvious how much the whole series will be. the significant thing is how long will the fault move. how long meaning distance and time wise. the longer it moves, the more energy that gets sent out.