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    PEAK ASSET: AFTERNOON WRAP 21 JANUARY: | ASX gains 0.8pc | Greenhouse study shows AVZ Minerals could achieve lowest carbon footprint at Manono lithium-tin project |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 21 JANUARY: | ASX to rise | Eco-fibre play Nanollose leads ASX healthcare sector with 292% gain |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 20 JANUARY: | ASX hits 11 month high | China shares rise on c.bank’s liquidity boost; EV, healthcare stocks shine |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 20 JANUARY: | ASX to rise | 3 cannabis players discuss how to view the sector through a biotech lens |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 19 JANUARY: | ASX rises 1pc | US eyes Australian market as cannabis investment fund takes stake in Lifespot Health |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 19 JANUARY: | ASX to rise, $A eases amid greenback surge | Battery sector cries out for more graphite as shortfall looms |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 18 JANUARY: | ASX sheds 0.8pc | Tietto Minerals appoints COO to drive development of Abujar gold project | China, Hong Kong stocks climb on upbeat GDP data |

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    Cabrera Capital Daily Game Plan

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    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 22 JANUARY: | ASX up 1.3pc in huge week for Zip, Lynas | iCandy looks to double up in Chinese gaming market with Rocky Rampage launch |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 22 JANUARY: | ASX to fall, Apple lifts Wall Street | The tests ASX healthcare companies have upcoming in 2021 |

    The Cotton Row Journal, week of 18-22 Jan

    Cabrera Capital Daily Game Plan

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    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 21 JANUARY: | ASX gains 0.8pc | Greenhouse study shows AVZ Minerals could achieve lowest carbon footprint at Manono lithium-tin project |

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Coastal Louisiana a hot mess as Laura’s leftovers move east

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Friday, August 28, 2020
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LAKE CHARLES, La. — The remnants of Hurricane Laura unleashed heavy rain and twisters hundreds of miles inland from a path of death and mangled buildings along the Gulf Coast, and forecasters warn of new dangers as the tropical weather blows toward the Eastern Seaboard this weekend.

Flooding and more tornadoes were possible as the leftovers of the once fearsome Category 4 hurricane move eastward through Tennessee, Mississippi and Alabama Friday after an apparent tornado tore through a church and homes in Arkansas Thursday night. Laura weakened to a tropical depression late Thursday, but could become a tropical storm again when it moves off the mid-Atlantic coast on Saturday.

More than 750,000 homes and businesses were without power in Louisiana, Texas and Arkansas in the storm’s wake, according to poweroutage.us, which tracks utility reports.

One of the strongest hurricanes ever to strike the United States, Laura was blamed for six deaths as it barreled across Louisiana and parts of Texas.

A sense of relief prevailed that Laura was not the annihilating menace forecasters had feared, but a full assessment of the damage could take days. Buildings were demolished and entire neighborhoods left in ruins along the coast. Thunderstorms and sizzling heat were expected in the disaster area on Friday, complicating recovery efforts.

“It is clear that we did not sustain and suffer the absolute, catastrophic damage that we thought was likely,” Louisiana Gov. John Bel Edwards said. “But we have sustained a tremendous amount of damage.”

Finishing search and rescue efforts was a top priority, Edwards said, followed by efforts to find hotel or motel rooms for those unable to stay in their homes. Officials in Texas and Louisiana both sought to avoid traditional mass shelters for evacuees over fears of spreading COVID-19.

He called Laura the most powerful hurricane to strike Louisiana, meaning it surpassed even Katrina, which was a Category 3 storm when it hit in 2005.

The hurricane’s top wind speed of 150 mph (241 kph) put it among the strongest systems on record in the U.S. Not until 11 hours after landfall did Laura finally lose hurricane status as it plowed north and thrashed Arkansas, and up until Thursday evening it remained a tropical storm with winds of 40 mph (65 kph).

The storm crashed ashore in low-lying Louisiana and clobbered Lake Charles, an industrial and casino city of 80,000 people. On Broad Street, many buildings had partially collapsed. Windows were blown out, awnings ripped away and trees split in eerily misshapen ways. A floating casino came unmoored and hit a bridge, and small planes were thrown atop each other at the airport. A television station’s tower toppled.

A Confederate statue in front of a courthouse that local officials had voted to keep in place just days earlier was knocked down by Laura.

“It looks like 1,000 tornadoes went through here. It’s just destruction everywhere,” said Brett Geymann, who rode out the storm with three relatives in Moss Bluff, near Lake Charles. He described a roar like a jet engine as Laura passed over his house around 2 a.m.

“There are houses that are totally gone,” he said.

As the extent of the damage came into focus, a massive plume of smoke visible for miles began rising from a chemical plant. Police said the leak was at a facility run by Biolab, which manufactures chemicals used in household cleaners and chlorine powder for pools. Nearby residents were told to close their doors and windows, and the fire smoldered into the night.

Four people were killed by falling trees in Louisiana, including a 14-year-old girl and a 68-year-old man. A 24-year-old man died of carbon monoxide poisoning from a generator inside his residence. Another man drowned in a boat that sank during the storm, authorities said.

No deaths had been confirmed in Texas, which Republican Gov. Greg Abbott called “a miracle.” Chevellce Dunn considered herself among the fortunate after a night spent huddling on a sofa with her son, daughter and four nieces and nephews as winds rocked their home in Orange, Texas. Left without power in sweltering heat, she wondered when the electricity might come back.

“It ain’t going to be easy. As long as my kids are fine, I’m fine,” Dunn said.

More than 580,000 coastal residents evacuated despite fears of infection from the coronavirus pandemic, saving many lives, but it was unclear when their journeys might end. There’s no electricity or running water in Lake Charles, a city of 80,000, and the coastal towns of Cameron and Holly Beach were swamped by the storm surge. Restoring these services could take weeks.

“People who are outside of Lake Charles, thinking about coming back, they need to be really blunt with themselves about the harsh reality of what they’re coming back to,” Mayor Nic Hunter told NBC’s Today show Friday. “I’m sorry about that, but we just got hit with the largest hurricane to hit Louisiana in the last 150 years.”

A lower-than-expected storm surge also helped save lives. Edwards said ocean water rose as much as 12 feet (4 meters) rather than the 20 feet (6 meters) that was predicted.

Bucky Millet, 78, of Lake Arthur, Louisiana, considered evacuating but decided because of the coronavirus to ride out the storm with family. A small tornado blew the cover off the bed of his pickup. That made him think the roof of his house was next.

“You’d hear a crack and a boom and everything shaking,” he said.

Laura’s winds blew out every window of the living room in the Lake Charles house where Bethany Agosto huddled in a closet with her sister and two others. “It was like a jigsaw puzzle…we were on top of each other, just holding each other and crying.”

Laura was the seventh named storm to strike the U.S. this year, setting a new record for U.S. landfalls by the end of August. Laura hit the U.S. after killing nearly two dozen people on the island of Hispaniola, including 20 in Haiti and three in the Dominican Republic.

President Donald Trump planned to visit the Gulf Coast this weekend to tour the damage.

___

Associated Press contributors include Jeff Martin in Marietta, Georgia; Kevin McGill in New Orleans; John L. Mone in Holly Beach, Louisiana; Paul J. Weber in Austin, Texas; Seth Borenstein in Kensington, Maryland; Juan A. Lozano in Houston; Jay Reeves in Birmingham, Alabama; Jill Bleed in Little Rock, Arkansas; and Sophia Tulp in Atlanta.

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