Latest news with #Timmer
Yahoo
29-05-2025
- Climate
- Yahoo
Storm chaser shares memories of 2019 Linwood tornado
LINWOOD, Kan. – On May 28, 2019 a mile wide EF-4 tornado in Douglas and Leavenworth County, Kansas injured 18 people and the super cell produced another tornado causing damage all the way in Kearney Missouri. Communities had to rebuild, but luckily no lives were lost. The storm turned out to be one of the most significant in history for the scientific community. FOX4 Newsletters: Sign up for daily forecasts and Joe's Weather Blog in your inbox In the six years since the devastating Linwood tornado we've heard from the survivors, who rode out the EF-4 in their homes. 'Had Jesus on my side, I lived through it,' Linwood resident Dennie Roberts, whose wife was killed in Kansas City's 2003 tornado, said. FOX4 also spoke with thrill seekers who were sent flying in storm chasing tour vans. 'Immediately it just flipped us and we just bounced and rolled and banged like metal for what seemed like forever,' Jeff Lieberman said on the tornado's first anniversary. That day as FOX4 meteorologists were watching the radar and FOX4 crews were first on the scene to the damage alerting first responders to the immediate need extreme meteorologist and storm chaser Reed Timmer and his team were also watching the super cell as it formed south of Lawrence, Kansas. Timmer shared memories this week on .' Joe's Blog: So, why has it been so gray lately (WED-5/28) 'It was wrapped in rain and we chased the storm for a little while it produced a brief tornado in the rain and we knew it was gearing up to produce a large one,' Timmer recalled. As the tornado formed Timmer was trying to pull off something he hadn't been able to do before on a storm of its magnitude. The problem was the tornado was rain wrapped. 'You almost have to get into the path of the tornado to be able to see it back in the inflow notch and that's a very dangerous place to be,' Timmer they were able to launch a sensor called 'Dorothy' into the mile-wide twister recording wind speeds of 190 miles per hour, and thermodynamics like pressure fall, temperature and relative humidity. But as the sensor and parachute climbed in the mesocyclone to heights of more than 27,000 feet there was just one problem after the tornado passed and clean up began, finding it. Thankfully, 'Dorothy' was located 30 miles away in Leavenworth, Kansas while pots from Free State growers were found 50 miles away in Smithville, Missouri. Download the FOX4 News app on iPhone and Android With that single sensor recovered its the first time they were ever able to get data recovered at 10 times per second. Timmer says hopefully data collected will help go along way in better understanding tornadoes and maybe one day even preventing them. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-05-2025
- Business
- Yahoo
Markets Hit a Ceiling, Says Fidelity's Timmer
Equity markets aren't priced for a slowdown, says Fidelity's Timmer, even after sharp swings. Jurrien Timmer, Fidelity's director of global macro, told CNBC that despite recent tariff-induced volatilitywhere the S&P 500 plunged 21.5% then rebounded 23%markets have established boundaries beyond which declines have been rolled back. He sees 2025 delivering moderate earnings growth offset by value pressures coming mostly from the interest rate side, with the 10-year Treasury (US10Y) yield at 4.5% competing directly with equity yields around 4.55%. Chicago Fed President Austan Goolsbee warned that tariff hikes could spur a stagflationary impact, hurting output and lifting pricesthe central bank's worst situation. Timmer noted tariffs act like a tax, paid either by companies via thinner margins or by consumers through higher costs. He added that both earnings and GDP estimates have been marked down, though not significantly worse than typical intra-year adjustments. Timmer argues the market now faces a ceiling: It's either rates driving down valuations or earnings driving down estimates from tariffs. He highlighted the tug-of-war between bond yieldsUS2Y, and equity benchmarks like The Dow Jones Index, complicating the outlook. Why It Matters: With fiscal and trade risks capping both valuations and earnings, investors must balance duration and equity exposure. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Markets Hit a Ceiling, Says Fidelity's Timmer
Equity markets aren't priced for a slowdown, says Fidelity's Timmer, even after sharp swings. Jurrien Timmer, Fidelity's director of global macro, told CNBC that despite recent tariff-induced volatilitywhere the S&P 500 plunged 21.5% then rebounded 23%markets have established boundaries beyond which declines have been rolled back. He sees 2025 delivering moderate earnings growth offset by value pressures coming mostly from the interest rate side, with the 10-year Treasury (US10Y) yield at 4.5% competing directly with equity yields around 4.55%. Chicago Fed President Austan Goolsbee warned that tariff hikes could spur a stagflationary impact, hurting output and lifting pricesthe central bank's worst situation. Timmer noted tariffs act like a tax, paid either by companies via thinner margins or by consumers through higher costs. He added that both earnings and GDP estimates have been marked down, though not significantly worse than typical intra-year adjustments. Timmer argues the market now faces a ceiling: It's either rates driving down valuations or earnings driving down estimates from tariffs. He highlighted the tug-of-war between bond yieldsUS2Y, and equity benchmarks like The Dow Jones Index, complicating the outlook. Why It Matters: With fiscal and trade risks capping both valuations and earnings, investors must balance duration and equity exposure. This article first appeared on GuruFocus.
Hindustan Times
21-05-2025
- Climate
- Hindustan Times
Alabama tornado: Storm chaser Reed Timmer caught in massive twister, miraculously survives
A powerful tornado barreled through northern Alabama on Monday, triggering emergency alerts and leaving communities in Madison and Athens bracing for impact. As the radar lit up with intense rotation and hail cores, veteran storm chaser Reed Timmer found himself face-to-face with nature's raw fury. Timmer, who has made a career out of chasing and documenting tornadoes, was near Athens when the massive twister touched down. In a heart-pounding video, he 'zero-metered' the tornado with a Doppler radar or a similar device used to measure wind speeds and other data inside a tornado. ALSO READ| Huntsville tornado: Madison, Athens under emergency alert as storms and hail hit Alabama The winds roared, debris flew, and for a few tense seconds, the scene was total chaos. Timmer's team can be heard shouting, panicking, and, lastly, enjoying themselves as they somehow survived the twister. {This is a developing story. Please stay tuned with us for the latest updates.}
Yahoo
16-05-2025
- Business
- Yahoo
Veteran analyst has a new message for gold investors
Jurrien Timmer of Fidelity Investments, on May 16, wrote that Bitcoin has again become the dominant store of value in the market, referring to Bitcoin's recent rise to over $100,000 and the narrowing of the risk-adjusted returns to gold. In his post for X, Timmer suggested that after gold's rise, 'perhaps the baton is being passed again to Bitcoin, with Bitcoin back above $100K and the two Sharpe Ratios now converging'. Sharpe ratio is a mathematical way to show that long-term returns that are higher than expected may be due to risk and volatility rather than good investing skills. Timmer, who has been the Director of Global Macro at Fidelity Investments since 1995, believes that gold and Bitcoin is in 4:1 ratio where for four parts gold one can buy one part Bitcoin. He said, 'I still think a ratio of 4:1 (gold vs Bitcoin) makes sense in terms of how much gold vs Bitcoin might co-exist in a store-of-value allocation. At a 4:1 ratio, gold's volatility has been roughly equal to Bitcoin, as has its relative performance.' Timmer gives a data-based rationale to combine crypto with a traditional portfolio by quantifying risk adjusted performance. With both markets now revealing similar efficiency on a Sharpe basis, the Fidelity Investment strategist feels the future of store-of-value investing will see Bitcoin featured as a main protagonist and equal partner with the precious metals counterpart. On April 22, Timmer predicted an S&P 500 rally after it was in the correction territory during the month. At press time Bitcoin is trading at $104,043.55, up over 0.82% in the last 24 hours, as per Kraken.
