Tag Archives: brace

Brace for a potentially record-breaking winter after sweltering summer and autumn, say researchers – Phys.org

  1. Brace for a potentially record-breaking winter after sweltering summer and autumn, say researchers Phys.org
  2. WMO Confirms 2023 as Warmest Year on Record, Calls for Urgent Climate Action at COP28 | Weather.com The Weather Channel
  3. Will 2023 be Orlando’s hottest year on record? It’s a nail-biting race to the finish Orlando Sentinel
  4. “We Are Living Through Climate Collapse”: U.N. Issues Urgent Warning as COP28 Opens in Dubai Democracy Now!
  5. Planet Earth Keeps Shattering the Most Terrible Record of All The New Republic
  6. View Full Coverage on Google News

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‘The Eras Tour’ Movie: Theater Employees Brace for Rowdy Swifties and Concert Culture – Rolling Stone

  1. ‘The Eras Tour’ Movie: Theater Employees Brace for Rowdy Swifties and Concert Culture Rolling Stone
  2. Are Beyoncé’s and Taylor Swift’s Concert Films Eligible for the Oscars? Variety
  3. ‘Taylor Swift | The Eras Tour’: What to know about going to the movie Milwaukee Journal Sentinel
  4. Taylor Swift’s ‘Eras’ Tour, With Potential $80 Billion Impact, Could Boost the Global Economy Beyond Anyone’s ‘Wildest Dreams’ (Exclusive) The Messenger
  5. Watch United Airlines’ cinema ad for Taylor Swift’s concert film Ad Age
  6. View Full Coverage on Google News

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MLB, Rob Manfred deny Phillies’ request to allow Bryce Harper extra time to put on elbow brace on the bases – CBS Sports

  1. MLB, Rob Manfred deny Phillies’ request to allow Bryce Harper extra time to put on elbow brace on the bases CBS Sports
  2. Pace of play rules created a dangerous situation for Bryce Harper Wednesday NBC Sports
  3. Phillies observations: Bryce Harper’s brace vs. the pitch clock, Trea Turner’s slump, Andrew Painter update, and more The Philadelphia Inquirer
  4. Bryce Harper returns to Phillies after Tommy John surgery The Washington Post
  5. MLB Denies Bryce Harper’s Request for Time to put on Elbow Brace, Citing Pace of Play Issue Crossing Broad
  6. View Full Coverage on Google News

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Joel Embiid suffered LCL sprain and could wear brace in Sixers’ second-round series, sources confirm – The Philadelphia Inquirer

  1. Joel Embiid suffered LCL sprain and could wear brace in Sixers’ second-round series, sources confirm The Philadelphia Inquirer
  2. Joel Embiid Has A Sprained LCL, Will Be Re-Evaluated During the Week Crossing Broad
  3. Latest on Embiid, early look at Celtics matchup in Round 2 | Sixers Talk Podcast NBC Sports Philadelphia
  4. Orthopedic surgeon explains timeline, risks, and treatment for Joel Embiid’s knee injury PhillyVoice.com
  5. Joel Embiid’s knee sprain looms large over Eastern Conference pecking order Liberty Ballers
  6. View Full Coverage on Google News

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Winter ice storm: Millions across the South and central US brace as officials urge staying off roads



CNN
 — 

A winter storm bringing the triple threat of ice, sleet and snow Tuesday to parts of the South and central US has prompted officials to close roads and schools as they urge people to avoid traveling in dangerous conditions.

About 38 million people from Texas and Oklahoma to as far east as Kentucky and West Virginia are under various forms of winter weather alerts, including those warning of dangerous ice accumulations forecast to make roads a nightmare.

“In addition to potentially hazardous travel conditions, this amount of ice will lead to tree damage and power outages across the hardest-hit regions,” the National Weather Service warned in its forecast Monday.

In Texas, residents in cities including Dallas, San Antonio and Austin can expect icy roads as well as some sleet Tuesday, when heavy rain and flash flooding are also possible in the eastern parts of the state.

Amid such conditions, the governor has requested the state’s emergency management division to increase its resources so it can be ready to respond through Thursday.

The storm has also led several school districts in the Dallas-Fort Worth area and Austin to close Tuesday, and more than 400 flights departing from Texas airports have been cancelled. Multiple roadways in Texas have been shut down due to ice accumulation, according to the state’s transportation department.

As ice began forming on roads in Little Rock, Arkansas, the governor declared a state of emergency Monday and activated the winter weather support teams of the state’s National Guard to be prepared in helping police in their response to the storm.

“I encourage Arkansans who are experiencing winter weather to avoid travel if possible and heed the warnings of local officials,” Gov. Sarah Huckabee Sanders said on Twitter.

The emergency order directs $250,000 toward discretionary use by the head of the state’s Division of Emergency Management to provide funding for program and administrative costs, the order stated.

“The real enemy is going to be that ice,” said Dave Parker, a spokesperson for the Arkansas Department of Transportation. “This could potentially be a pretty dangerous situation.”

Parker added that majority of the state is expected to be impacted, and the state is treating most major roads.

By late Monday, ice had already spread across grounds in Memphis, Tennessee, and Louisville, Kentucky, as well as Texas, where at least a few car crashes were reported in Austin with no injuries.

The storm is poised to produce a mix of wintry precipitation ranging from rain and sleet to ice and it will hit areas in the southern and central regions in waves through Wednesday.

And while the forecast shows there will be periods of reprieve over the next two days, roads will likely remain dangerously slick throughout the storm as temperatures remain low.

Indeed, Tuesday is expected to be the toughest day for driving as Texas bridges and roads become icy, according to the weather service’s Fort Worth office.

“More widespread freezing rain/sleet is expected Tuesday and Wednesday morning, with worsening travel impacts during this time,” the local weather agency said.

Significant icing of about half of an inch is expected on roads in Austin, San Angelo and Dallas while San Antonio may see up to a tenth of an inch of ice.

Meantime, Texas’ primary electricity provider, the Electric Reliability Council of Texas, told CNN it will be able to meet residents’ demand as temperatures plummet.

“We expect sufficient generation to meet forecasted demand and are continuing to monitor forecasts, this week. We are not asking for Conservation at this time. We are informing the public that IF they are experience an outage to reach out to their local power provider,” the agency said in an email.

Elsewhere in the South, up to a half of an inch of ice could glaze roads in Memphis, Tennessee. In the state’s Dyer County, icy conditions led officials to shut down the I-155 bridge, according to the highway patrol.

Meanwhile, Little Rock in Arkansas is forecast to see multiple rounds of ice that could amass up to half an inch.

In neighboring Oklahoma, residents in Oklahoma City are under a winter weather advisory through Wednesday afternoon, with the expectation of seeing up to two tenths of an inch of ice.

Icing up to two-tenths of an inch could be seen in Louisville, Kentucky, while Charleston, West Virginia, can see sleet up to an inch and ice up to a tenth of an inch.



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Trevor Story Underwent Internal Brace Surgery On Right Elbow

3:10pm: Bloom didn’t provide a specific timeline on Story for the upcoming season, noting that a return is possible “but it’s not something at this stage we want to bank on,” per Alex Speier of the Boston Globe. Bloom also said Story was preparing to play shortstop before aggravating his elbow, per Speier.

2:50: Red Sox infielder Trevor Story had internal brace surgery on his right elbow yesterday, per a release from the team. “Boston Red Sox infielder Trevor Story yesterday underwent a successful internal bracing procedure of the right ulnar collateral ligament (elbow),” the statement reads. “Dr. Keith Meister performed the surgery at Texas Metroplex Institute in Arlington, Texas.” Chris Cotillo of MassLive. reported the surgery shortly before the official announcement and adds that chief baseball officer Chaim Bloom will speak at 4pm Eastern/3pm Central.

The club has not provided a timeline on Story’s expected recovery, with that information perhaps to come when Bloom speaks. Until that information comes out, we can only speculate on the timeline, but it’s worth pointing out that the UCL is the same ligament that is replaced in Tommy John surgery. The internal brace procedure is generally considered to be less invasive and allow players to return quicker, but the recovery period still usually takes months. For one recent example, outfielder Eli White underwent the procedure while a member of the Rangers last year, with the club announcing at that time that White was expected to miss six months. Each player is unique and will have their own responses to different injuries, but it seems fair to assume that Story is slated for a significant absence of some kind.

For Story, there have been concerns swirling around his throwing arm for some time now. He made 11 throwing errors while with the Rockies in 2021, with some scouts expressing trepidation about this throws after that season. Statcast’s new arm strength leaderboard ranked Story as averaging 79.1 mph on his throws from short, a mark that placed him 52nd out of 58 shortstops to make at least 100 throws that year. That was a noticeable drop from 2020, when Story was at 82.3 mph and ranked 22nd out of 34 shortstops who made 100 throws.

Despite those concerns, the Sox signed Story to a six-year, $140MM deal going into 2022. At the time of the signing, Story was expected to play second base in deference to shortstop Xander Bogaerts, but it was also seen as a possible safety net for a Bogaerts departure. Since Bogaerts had the ability to opt out of his deal after 2022, the Sox would then have the option of sliding Story to the other side of the bag to replace him.

The position change gave Story and the Sox a year to evaluate things, with Story making shorter throws from second. He averaged 76.1 mph on his throws last year, which was another drop from the year before and placed him 61st among 70 second basemen to make 100 throws on the year. On top of that, the Sox indeed saw Bogaerts opt out of his contract and sign with the Padres this winter.

Though Story’s timeline is still to be determined, it seems like the Sox will now have to figure out how to navigate their middle infield without Bogaerts or Story, at least for a few months. If the club decides to stick with internal options, they could go with Enrique Hernández and Christian Arroyo, though Hernandez seemed ticketed to be the everyday center fielder, so they would have to figure out a solution there. Jarren Duran would be an option to take over in center, though he struggled in 2022 by hitting just .221/.283/.363. There are some other infielders on the roster such as David Hamilton and Enmanuel Valdez, though they’ve only recently been added and have no major league experience.

It’s also possible the club could look for external upgrades. The top free agent options are all off the board, assuming today’s Carlos Correa deal with the Twins is the one that finally gets across the finish line. Elvis Andrus, Josh Harrison and Andrelton Simmons are some of the middle infield options still on the board, if the Sox decide to go that route. On the trade market, there are some players who could be available, such as Isiah Kiner-Falefa of the Yankees, though an inter-division trade might be tricky. Amed Rosario of the Guardians has been mentioned as a speculative candidate, as has Nick Madrigal of the Cubs. The Sox and Marlins have reportedly discussed Joey Wendle and Miguel Rojas in trade talks, so perhaps those discussions could be revisited in light of today’s news.

However the Sox approach it, it seems fair to say that they have been dealt a blow for 2023. Despite being hurt in 2022, Story still hit 16 home runs in 94 games and slashed .238/.303/.434. One silver lining of the surgery is that there’s at least an explanation for his diminished arm strength. If the surgery is successful in repairing his ligament and he’s able to get back into form, perhaps he can take over the shortstop position later in the year. Story’s contract runs through 2027 but he has the ability to opt out after 2025, with the Sox then able to negate the opt-out by tacking on another year and keeping him through 2028.



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China’s big cities are starting to look past Covid, while rural areas brace for infections

Subway passenger traffic in Shanghai is quickly returning to levels seen before the latest Covid wave, according to Wind data. Pictured here is a subway car in the city on Jan. 4, 2023.

Hugo Hu | Getty Images News | Getty Images

BEIJING — China will likely be able to live with Covid-19 by the end of March, based on how quickly people have returned to the streets, said Larry Hu, chief China economist at Macquarie.

Subway and road data show traffic in major cities is rebounding, he pointed out, indicating the worst of the latest Covid wave has passed.

“The dramatic U-turn in China’s Covid policy since mid-Nov implies deeper short-term economic contraction but faster reopening and recovery,” Hu said in a report Wednesday. “The economy could see a strong recovery in Spring.”

In the last several days, the southern city of Guangzhou and the tourist destination of Sanya said they’d passed the peak of the Covid wave.

Chongqing municipal health authorities said Tuesday that daily visitors to major fever clinics was just over 3,000 — down sharply from Dec. 16 when the number of patients received topped 30,000. The province-level region has a population of about 32 million.

Chongqing was the most congested city in mainland China during Thursday morning’s rush hour, according to Baidu traffic data. The figures showed increased traffic from a week ago across Beijing, Shanghai, Guangzhou and other major cities.

As of Wednesday, subway ridership in Beijing, Shanghai and Guangzhou had climbed significantly from the lows of the last few weeks — but had only recovered to about two-thirds of last year’s levels, according to Wind Information.

Caixin’s monthly survey of services businesses in December found they were the most optimistic they’d been in about a year-and-a-half, according to a release Thursday. The seasonally adjusted business activity index rose to 48 in December, up from a six-month low of 46.7 in November.

That below-50 reading still indicates a contraction in business activity. The index for a separate Caixin survey of manufacturers edged down to 49 in December, from 49.4 in November. Their optimism was the highest in ten months.

Poorer, rural areas next

Shanghai medical researchers projected in a study that the latest Covid wave would pass through major Chinese cities by the end of 2022, while rural areas — and more distant provinces in central and western China — would be hit by infections in mid- to late-January.

“The duration and magnitude of upcoming outbreak could be dramatically enhanced by the extensive travels during the Spring Festival (January 21, 2023),” the researchers said in a paper published in late December by Frontiers of Medicine, a journal sponsored by China’s Ministry of Education.

Typically hundreds of millions of people travel during the holiday, also known as the Lunar New Year.

The researchers said senior citizens, especially those with underlying health conditions, in China’s remote areas face a greater risk of severe illness from the highly transmissible omicron variant. The authors were particularly worried about the lack of medicine and intensive care units in the the countryside.

Even before the pandemic, China’s public health system was stretched. People from across the country often traveled to crowded hospitals in the capital city of Beijing in order to get better health care than they could in their hometowns.

Oxford Economics senior economist Louise Loo remained cautious about a rapid rebound in China’s economy.

“A normalisation in economic activity will take some time, requiring among other things a change in public perceptions towards contracting Covid and vaccine effectiveness,” Loo said in a report Wednesday.

The firm expects China’s GDP will grow by 4.2% in 2023.

Lingering long-term risk

The medical researchers also warned of the risk that omicron outbreaks on the mainland “might appear in multiple waves,” with new surges in infections possible in late 2023. “The importance of regular monitoring of circulating SARS-CoV-2 sublineages and variants across China shall not be overestimated in the months and years to come.”

However, amid a lack of timely information, the World Health Organization said Wednesday it was asking China for “more rapid, regular, reliable data on hospitalizations and deaths, as well as more comprehensive, real-time viral sequencing.”

China in early December abruptly ended many of its stringent Covid controls that had restricted business and social activity. On Sunday, the country is set to formally end a quarantine requirement for inbound travelers, while restoring the ability of Chinese citizens to travel abroad for leisure. The country imposed strict border controls beginning in March 2020 in an attempt to contain Covid domestically.

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Brace for More Strikes Inside Russia

Russian President Vladimir Putin should brace for more attacks inside of his country in the new year, Ukraine’s top military intelligence official warned in an interview that aired Wednesday.

Kyrylo Budanov, Ukraine’s chief military intelligence official, said there will be strikes “deeper and deeper” inside Russia in an interview with ABC News. But he didn’t clarify whether Ukraine would be behind the upcoming attacks.

His word of warning comes just weeks after blasts rang out on Russia’s Engels air base and Dyagilevo base in the Ryazan region, attacks which Russia and others widely attributed to Ukraine. Ukraine has not claimed responsibility for the attacks, but Budanov said he was “glad to see” the attack on Engels.

The series of blasts rattled some Russian officials, raising alarm about whether Ukraine has become emboldened to inflict damage inside Russia proper as Putin’s war nears its one year mark. It’s also raising questions about whether Russia is capable of thwarting Ukrainian strikes at all.

The prospect that Ukraine may be willing to expand its arsenal of attacks inside Russian territory in the coming days could mark a new arc in the war—with Ukraine taking more brazen actions against Russia and Russia on its backfoot.

Budanov’s warning comes as Russia grapples with a series of military failures inside Ukraine. An attack against a building in Russian-held Makiivka inside Ukraine that killed dozens of Russian soldiers has left the Kremlin scrambling to find a scapegoat, including Russian troops’ cellphone use. And following counteroffensives from Ukraine, Russian troops have withdrawn from multiple regions within Ukraine in recent months. Meanwhile, Russia’s military has been grappling with a host of internal problems, from logistics issues to infighting.

Both Russian and Ukrainian forces continue to wage assaults against one another. But Russian forces have begun shifting some of their forces away from Bakhmut, after failing to seize the city for months, according to The Wall Street Journal.

Ukrainian forces continue to work to strike Russian military logistics in Luhansk, according to the Institute for the Study of War. Ukrainian aviation on Wednesday carried out 17 strikes against the Russians, as well as four strikes against Russian anti-aircraft missile complexes, according to a brief from the General Staff of the Armed Forces of Ukraine.

Ukraine is working to bolster its ability to take on Russia in the new year in other ways. The country has launched a military psychological training program to train troops to intervene with their comrades when they freeze up due to combat stress, the military psychologist in charge of the program told The Daily Beast in an exclusive interview. The hope is that the program will lead to more victories against Russia by building up more resilience amongst Ukrainian forces.

Budanov’s warnings about attacks within Russia may also be an attempt to prove a point to Russians that Ukraine has the moral high ground, according to Jay Truesdale, a former U.S. diplomat who has served in both Russia and Ukraine.

“What Ukraine would seek to demonstrate is that it is fighting a more just war—not only a war to defend its own sovereignty and territorial integrity, but also with means that are differentiated from Russia, which is attacking civilian targets,” Truesdale told The Daily Beast. “There is one consistent element among the attacks that have occurred on Russian soil or in Crimea—attributed to Ukraine by Russian government officials, Russian bloggers, or non-government Ukrainians—and that’s that they’ve targeted military facilities or facilities that could have a military purpose, such as supply depots. In other words, the common denominator is that these all could be considered legitimate military targets.”

Attacking inside of Russian territory could raise questions about whether Russia may escalate the war with nuclear weapons to respond. Russian authorities have warned that attacks against Russia will warrant harsh responses. After an attack on the Kerch bridge to Crimea, the peninsula which Russia illegally annexed from Ukraine in 2014, Putin himself warned that Russia would not hold back.

“If attempts to carry out terrorist attacks on our territory continue, Russia’s responses will be harsh and, in terms of their scale, will correspond to the level of threats posed,” Putin said in October. “It is simply impossible to leave crimes of this kind unanswered.”

And while Russia began launching assaults against civilian infrastructure in October, cutting off civilians from water and heat, after several attacks and explosions in Crimea, Russia has still not resorted to nuclear weapons.

There are other signs that Russia may not be willing or capable of dramatic escalation. Russia’s military posture has become so degraded throughout the war in Ukraine that its ability to respond forcibly or in an escalatory way is diminishing by the day, said Truesdale, now CEO of Veracity Worldwide, a political risk consultancy. As of last month, Russia only maintained enough missiles in its arsenal to conduct three to five more waves of missiles strikes against Ukraine, according to Vadym Skibitsky, a representative of the Main Directorate of Intelligence of the Ministry of Defense of Ukraine.

“It will be difficult for Putin to dramatically escalate even though such a step would be consistent with Russia’s military doctrine. The Kremlin has put itself in a difficult position by deploying so much of its high-powered weaponry to attack civilian infrastructure, thereby reducing resources available to escalate in a conventional sense,” Truesdale said.

“If Ukraine conducts and then admits to a greater number of strikes on Russian territory, this could indicate a new chapter in the war. It would suggest Ukraine believes it has the means and the need to put more pressure on the Russian government,” Truesdale said, adding that, “If Ukraine begins to admit to conducting attacks on Russian territory, this may only be an acknowledgement of the multifaceted way in which Ukraine has been fighting.”

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San Francisco, Bay Area brace for severe weather, flooding, rain

SAN FRANCISCO – California declared a state of emergency Wednesday as a powerful storm generated 45-foot waves out at sea, dropped soaking rain on already saturated ground and prompted warnings of floods and mudslides.

The storm’s impacts will ramp up during the afternoon and the more than 8 million people who live in the San Francisco Bay Area should limit travel, the regional National Weather Service office warned. Earlier in the day, Gov. Gavin Newsom authorized state National Guard units to support disaster response as a massive storm pummeled much of the state’s coastline.

Fire and rescue equipment and personnel have been prepositioned in areas deemed most likely to experience severe flooding and mudflows.

GRAPHICS: ‘Rivers in the sky’: Graphics show atmospheric river soaking California’s Bay Area

“If you’ve still got power, it’s a good idea to charge your cellphone, computers and tablets now while you can,” said National Weather Service meteorologist Cynthia Palmer in the agency’s San Francisco area office. If the power goes out, having access to timely information about the storm – and something to watch – will be useful, she said. 

The storm is termed a “bomb cyclone” because it is expected to be marked by a quick drop in atmospheric pressure resulting in a high-intensity storm.

“All told it’s about a 30-hour event from start to finish,” said Rick Canepa, a meteorologist with the National Weather Service’s San Francisco office. “The rain won’t be done until Thursday afternoon or early evening.”

But officials warn even then the danger isn’t over. Forecasters are watching other systems out at sea that could also hit the region with more precipitation.

Meanwhile, California wasn’t the only place facing severe weather on Wednesday. A possible tornado touched down near Montgomery, Alabama early Wednesday. There were no deaths but the twister damaged more than 50 homes.

In San Francisco, customers at Papenhausen Hardware were most worried about flooding, said store co-owner Karl Aguilar.

“Last week a fair amount of people were focused on the roofs – small leaks, windows, things like that,’’ Aguilar said. “There was a point where it transitioned and people became much more concerned with flooding mitigation. This particular storm, it’s all flood mitigation.’’

A few doors to the east, Grace Daryanani at Bulls Head restaurant has sandbags and wet/dry vacuum cleaners at the ready. Her space has flooded in big storms before but she’s hoping a new outdoor dining area might divert some of the water.

“Maybe that will help,” she said. 

Wednesday commute worries

The afternoon commute was of special concern in the San Francisco Bay Area as it will come just as strong bands of wind and rain start to arrive ashore.

“There could be a lull in the rain and a false sense that it’s not that bad. But it’s coming. Trust me, it’s coming,” Palmer said. 

Coastal flooding could also occur during the high tides over the next 24 hours, which will come at 11:37 p.m. Wednesday night and 9:41 a.m. Thursday morning.

“We’ve got so much wind over the ocean that’s pushing water towards the coast,” she said.

LEARN MORE: What is a bomb cyclone?

WEATHER TERMS: What is an ‘atmospheric river’?

The monster storm, carrying tremendous amounts of rain, extends from as far south as Los Angeles to as far north as the Oregon border, but the bulk of the rain and wind are occuring  in the central and northern part of California. 

Forecasters warned of flood threats and issued high wind warnings in the lead-up to the storm. The National Weather Service in the Bay Area delivered a rare admonition saying the coming “brutal” storm system “needs to be taken seriously.” 

“Honestly, the biggest story right now is the winds,” said Palmer. Coastal areas could be hit with winds in the 40 to 50 mph range, while some mountain areas could get gusts as high as 80 mph.

Severe weather could drop 10 or more inches of rain in some parts of Northern California over the next week, forecasters say. Wednesday’s storm was expected to knock down trees, cause widespread flooding, wash out roads, cause hillsides to collapse, slow airports and potentially lead to the “loss of human life,” the National Weather Service said.

Flooding and landslides likely

Because the ground was already saturated with the more than 5 inches of rain that fell on New Year’s Eve, Wednesday’s storm could cause severe problems and damage in some areas.

“The main concern is the smaller watersheds and steep slopes. So mudslides, shallow landslides and urban and small creek flooding could get quite significant for a period of time on Wednesday night in some locations,” said Daniel Swain, a climatologist at the University of California, Los Angeles.

Severe weather, possible tornadoes in South

The South, too, was being hit with intense weather Wednesday. Heavy rains, flash floods and severe weather were seen in a swath across Florida, Georgia, North and South Carolina.

A possible tornado touched down in east Montgomery, Alabama at 3:14 a.m. on Wednesday. 

Rodney Penn, who was home when the storm hit, said a fallen tree limb broke out the windows in his wife’s car but there was no structural damage to his apartment.

“It literally sounded like there were a thousand baseball bats hitting the side of the house at the same time,” Penn said. 

In South Carolina, five counties were under a tornado watch Wednesday. 

Heavy rain in California not an end to drought in West

The extreme drought conditions California has struggled under are helping avert some possible flooding because many of the state’s larger reservoirs are still quite low, said Swain.

“They have a lot of headroom right now to absorb a lot of water,” he said. 

The state finds itself in the middle of a flood emergency even as it’s in the middle of a drought emergency, Karla Nemeth, director of the California Department of Water Resources said during a news conference Wednesday.

“A lot of our trees are stressed after three years of intensive drought, the ground is saturated and there is a significant chance of downed trees that will create significant problems, potentially flooding problems, potentially power problems,” she said.

While the rains are likely to alleviate the short-term drought in northern California along the coast, they will do little in terms of bringing drought relief to the West as a whole.

“It won’t really help move the needle in the Colorado basin but it certainly will in central and northern California,” Swain said.

More water is on the way

There are two more possible storms also out in the Pacific, one that could arrive late Friday and run into Sunday and then another possible storm that could arrive Tuesday, Canepa said. 

Both could bring higher-than-normal rain levels through the middle of January. 

There’s a wide range of uncertainty for next week, ranging from a couple of additional moderate storms which wouldn’t cause too many problems to one or possibly more atmospheric river events.

What’s an atmospheric river?

The storm, the second of three or possibly four headed toward the California coast, is coming from across the Pacific ocean. It’s what’s known as an atmospheric river or, to use the term more common a few years ago, a Pineapple Express because it originates over Hawaii.

These storms bring heavy rainfall and occur when a line of warm, moist air flows from near the islands across the Pacific Ocean to the West Coast.

When it reaches the cooler air over the western landmass, the water vapor falls as heavy rain. Atmospheric rivers are long, flowing regions of the atmosphere that carry water vapor across a swath of sky 250 to 375 miles wide. They can be more than 1,000 miles long – and can carry more water than the Mississippi River. 

Contributing: Dinah Puler in Florida, Evan Mealins and Alex Gladden, Montgomery Advertiser



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Investors Brace for More Market Tumult as Interest Rates Keep Rising

The stock market just finished a bruising year. Many market players don’t expect things to get better any time soon.  

Analysts at some of the biggest U.S. banks predict the stock market will retest its 2022 lows in the first half of the new year before beginning to rebound. Many investors say the ramifications of the Federal Reserve’s higher rates are just beginning to ripple through markets.

The Federal Reserve has raised interest rates to the highest levels since 2007, stoking mammoth swings across global markets and a steep selloff in assets from stocks and bonds to cryptocurrencies. The tumult that erased more than $12 trillion in value from the U.S. stock market—the largest such drawdown since at least 2001—is expected to continue as rates keep rising.

The S&P 500 ended the year down 19% after the conditions evaporated that had paved the way for years of a nearly uninterrupted stock-market rally and a run in some of the most speculative bets. Analysts at Goldman Sachs expect the S&P 500 to end 2023 at 4000, about a 4% rise from where it ended 2022. 

The volatility has been especially punishing for the market’s behemoths. Five big technology stocks accounted for about a quarter of the U.S. stock market’s total declines last year, a bruising selloff reminiscent of the dot-com bust two decades ago. 

Cryptocurrencies tumbled, splashy initial public offerings all but came to a halt and blank-check companies imploded to end the year, a stunning reversal of the mania that swept markets in the previous two years. 

“We are in a world where interest rates exist again,” said

Ben Inker,

co-head of asset allocation at Boston money manager GMO, which oversees $55 billion in assets. 

One of the biggest flip-flops occurred under the market’s surface. Investors abandoned the flashy tech and growth stocks that had propelled that market’s gains over the previous decade. 

And value stocks—traditionally defined as those that trade at a low multiple of their book value, or net worth—staged a revival after years of lackluster returns. 

The Russell 3000 Value index outperformed the Russell 3000 Growth index by almost 20 percentage points, its largest margin in Dow Jones Market Data records going back to 2001. 

Now, Mr. Inker and other investors—hunting for opportunities after an abysmal year for both stocks and bonds—say it is just the beginning of a big stock-market rotation. 

Money managers say they are positioning for an environment that bears little resemblance to the one to which many grew accustomed after the last financial crisis. The era of ultralow bond yields, mild inflation and accommodative Fed policy has ended, they say, likely recalibrating the market’s winners and losers for years to come.  

“A number of investors were trying to justify nosebleed valuation levels,” said

John Linehan,

a portfolio manager at

T. Rowe Price.

Now, “leadership going forward is going to be more diverse.” 

The Fed is set to keep raising interest rates and has indicated that it plans to keep them elevated through the end of 2023. Many economists forecast a recession ahead, while Wall Street remains fixated on whether inflation will recede after repeatedly underestimating its staying power.

Mr. Linehan said he expects the run in value stocks to continue and sees opportunities in shares of financial companies, thanks to higher interest rates. Others say energy stocks’ stellar run isn’t over just yet. Energy stocks within the S&P 500 gained 59% last year, their best stretch in history.

Some investors are positioning for bond yields to keep rising, potentially dealing a bigger blow to tech shares. Those stocks are especially vulnerable to higher rates because in many cases they are expected to earn outsize profits years down the road, a vulnerability in a world that values safe returns now. 

The yield on the 10-year Treasury note ended 2022 at 3.826%, the biggest one-year increase in yields since at least 1977, while bond prices tumbled. From risky corporate bonds to safer municipal debt, yields rose to some of their highest levels of the past decade, giving investors more choices for parking their cash. 

“I don’t think this next decade is going to be led by technology,” said

Mark Luschini,

chief investment strategist at Janney Montgomery Scott. “This one-size-fits-all notion that you just buy a broad technology index or the Nasdaq-100 has changed.”

The Fed has indicated that it plans to keep rates elevated through the end of 2023.



Photo:

Ting Shen/Bloomberg News

The tech-heavy Nasdaq-100 index lost 33% in 2022, underperforming the broader S&P 500 by the widest margin since 2002. 

Investors yanked about $18 billion from mutual and exchange-traded funds tracking tech through November, on track for the biggest annual outflows on record in Morningstar Direct data going back to 1993. Funds tracking growth stocks recorded $94 billion in outflows, the most since 2016.

Meanwhile, investors have taken to bargain-hunting in the stock market, piling into value funds. Such funds recorded more than $30 billion of inflows, drawing money for the second consecutive year.

“Profitability and free cash flow are going to be very important” in the coming year, said Tiffany Wade, senior portfolio manager at Columbia Threadneedle Investments. 

Ms. Wade said she expects the Fed to be more aggressive than many investors currently forecast, leading to another rocky year. If the Fed puts a pause on raising interest rates over the next year, she thinks growth stocks might see a bounce.

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Other investors are heeding lessons from the years following the bursting of the tech bubble, when value stocks outperformed their growth counterparts.

Even after last year’s bruising declines, the technology sector trades at a wide premium to the S&P 500. Stocks in the energy, financial, materials and telecommunications sectors still appear cheap compared with the broader benchmark, according to Bespoke Investment Group data going back to 2010. 

Plus, big technology companies face stiffer competition and potentially tougher regulation, a setup that may disappoint investors who have developed lofty expectations for the group. 

Their run of impressive sales growth will likely sputter as well, Goldman Sachs analysts said in a recent note. Aggregate sales growth for megacap technology stocks is forecast to have risen 8% in 2022, below the 13% growth for the broader index. 

“I just don’t think the prior regime’s winners are going to be tomorrow’s winners,” said Eddie Perkin, chief investment officer of Eaton Vance Equity. “They’re still too expensive.”

Write to Gunjan Banerji at gunjan.banerji@wsj.com

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