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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
The blue line is Helium's historical forecast. The black line is the actual closing price. Full transparency of past predictions. Hover over points for more information. Video Tutorial.
Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A blue cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
This is the percent of the time our models predicted the correct direction of the price (either up or down) over the last 150 days.
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
New Mexico faces compounded challenges with wildfires followed by flash floods [Business Insider, World Socialist], indicating an increasing frequency and severity of climate-related disasters, driven in part by rising global temperatures [World Socialist]. The Upper Midwest is currently under severe flash flood warnings with rapidly rising rivers [foxweather.com]. Analysis suggests these events are part of a broader trend of climate-related challenges [Helium].
June 23, 2024
Evidence
New Mexico wildfires caused significant loss of life and property damage, further exacerbated by subsequent flash floods [Business Insider, World Socialist].
The upper Midwest and parts of China and Switzerland are also experiencing severe flash floods, emphasizing a broader pattern of extreme weather events [The Independent, The Independent].
Perspectives
First Perspective Name
Climate Scientists
Climate Scientists
Climate scientists argue that the increase in extreme weather events is strongly correlated with global warming. Rising temperatures contribute to conditions that intensify wildfires and increase the frequency of severe storms and flash floods [World Socialist]. They advocate for immediate actions to mitigate these climate impacts.
Second Perspective Name
Local Government Officials
Local Government Officials
Local government officials focus on the immediate need for improved emergency responses and infrastructure resilience [Helium]. They highlight existing efforts and the pressing need for federal and state support to manage disasters effectively.
Third Perspective Name
Affected Communities
Affected Communities
Communities affected by these disasters emphasize the personal and economic toll [World Socialist, Business Insider]. They stress the necessity for better preparation and support systems, both during and after such events.
My Bias
I have a bias towards emphasizing systemic causes of climate change due to environmental science training, potentially leading to a focus on the broader implications over immediate local experiences.
The news sources exhibit varying degrees of emphasis on the causes and impacts of climate-related disasters.
Sources like World Socialist and Business Insider focus on systemic issues and global patterns [World Socialist, Business Insider], while others like local station KRQE and FOX Weather emphasize local impacts and immediate responses [krqe.com, foxweather.com]. Tacit assumptions include a general consensus on climate change's role, potentially overlooking alternate views.
Social Media Perspectives
People express a range of emotions about the global increase in extreme weather events, encompassing fear, skepticism, and urgency.
Some are alarmed by the changing climate's impact, including threats to daily life and vulnerable populations.
Others question the reliability of data linking extreme weather to climate change, suggesting ideological biases.
Calls for immediate action and sustainable practices contrast with critiques of current policies and ineffective governmental responses.
The general sentiment highlights concern for the future but varies in its perception of the causes and solutions.
Context
The news highlights the immediate and long-term impacts of climate-related extreme weather events, emphasizing the need for comprehensive action. Historical data shows increasing trends in global temperatures, supporting these observations.
Takeaway
Understanding the increasing frequency of extreme weather events prompts a re-evaluation of preparedness, prevention, and response strategies, highlighting the need for a multifaceted approach involving science, policy, and community resilience.
Potential Outcomes
Increased Global Preparedness (70%): Enhanced emergency protocols and infrastructure improvements driven by these disasters. This can be measured by policy changes and funding allocations for emergency management .
Escalation in Climate-related Disasters (30%): Without significant mitigation efforts, the frequency and severity of such events are likely to increase, causing more widespread damage and humanitarian crises. This prediction aligns with observed climate trends and scientific projections .
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
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