Live New York Web (And Sound) Cam with Zero Hedge
Because the only thing more informative than watching a shut down New York get blown (away) by Sandy, is hearing it live. Watch, and listen, as downtown New York, very much unprepared for what may be a record flood surge, gets the Venice treatment.
US Equity and Option Markets Are Closed
Courtesy of Jesse's Cafe Americain
US Equity and Options Markets are closed today because of the oncoming hurricane. The NYSE is closing for the first time in 27 years.
Bond markets are open, but will close early around noon.
The Holland and Battery Park Tunnels will be closing this afternoon, and the bridges will be closing when the winds intensify.
No man is an island, but Manhattan is.
There are blizzard warnings going up on the lee side of the storm, as the moisture of the hurricane meets the Canadian cold front.
This is likely to be a multi-day event.
My meteorologist friend said that the hurricane may present a new record low pressure reading for this area when it makes landfall in New Jersey, most likely a little to the north of the Atlantic City area.
Millions of people may lose power, and some of them for seven to ten days.
If you are in this area, make any last preparations if you must, but be prepared to stay in your home and 'hunker down' for the next two days. Listen to any public advisories, and if requested to evacuate follow instructions.
