{"id":47315,"date":"2019-07-19T07:24:39","date_gmt":"2019-07-19T12:24:39","guid":{"rendered":"https:\/\/olduvai.ca\/?p=47315"},"modified":"2019-07-19T07:24:43","modified_gmt":"2019-07-19T12:24:43","slug":"its-the-volatility-not-the-temperature","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=47315","title":{"rendered":"It\u2019s the Volatility \u2013 not the Temperature!"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.armstrongeconomics.com\/world-news\/climate\/its-the-volatility-not-the-temperature\/\">It\u2019s the Volatility \u2013 not the Temperature!<\/a>\u00a0<\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2019\/07\/July-2019-Heat-Wave.jpg\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2019\/07\/July-2019-Heat-Wave-300x160.jpg\" alt=\"\" class=\"wp-image-88842\"\/><\/a><\/figure><\/div>\n\n\n\n<p><strong>QUESTION:<\/strong>&nbsp;Mr. Armstrong, in relating your comments on weather and how the winters will spike to record cold and then the summers will spike to record highs, is this the same as a panic cycle in markets?<\/p>\n\n\n\n<p>HC<\/p>\n\n\n\n<p><strong>ANSWER:<\/strong>&nbsp;Yes. Our computer looks at the weather the same as it does with the price in a market. Patterns emerge and you can understand the causes&nbsp;<strong>ONLY<\/strong>&nbsp;by correlating the trends with everything else. This is indeed a&nbsp;<strong>Panic Cycle<\/strong>&nbsp;where we exceed the previous high and penetrate the previous low. This coming weekend will see temperatures&nbsp;<a href=\"https:\/\/www.accuweather.com\/en\/weather-news\/hottest-weather-of-season-on-tap-for-northeast-as-record-challenging-heat-wave-builds\/70008824\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>break 100<\/strong><\/a>&nbsp;in the Northeast. I have lived in New Jersey and there were plenty of summers where we have days at 103. This is&nbsp;<strong>NOT<\/strong>&nbsp;abnormal. What is abnormal is the volatility how we can go from a winter where it was colder in Chicago than it was in Antarctica and then we break the record highs in July. It is the&nbsp;<strong>VOLATILITY<\/strong>&nbsp;\u2013 not the empirical level of temperature we should be paying attention to.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s the Volatility \u2013 not the Temperature!\u00a0 QUESTION:&nbsp;Mr. Armstrong, in relating your comments on weather and how the winters will spike to record cold and then the summers will spike to record highs, is this the same as a panic cycle in markets? HC ANSWER:&nbsp;Yes. Our computer looks at the weather the same as it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[5496,1737,5479,1219,26307,26308],"class_list":["post-47315","post","type-post","status-publish","format-standard","hentry","category-environment","tag-armstrong-economics","tag-extreme-heat","tag-martin-armstrong","tag-weather","tag-weather-extremes","tag-weather-volatility"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47315"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47315\/revisions"}],"predecessor-version":[{"id":47316,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47315\/revisions\/47316"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}