Today's Forecast Sees 75% Chance of Major Hurricane Hitting Coast. What's Your Hurricane Trade as Mother Nature Roars This Summer?
Trish Regan joins the guys in Times Square to explain today’s report from the Tropical Meteorology Project that predicts a “very active” 2007 hurricane season. The report says there is a 74% chance of a major storm hitting the U.S. coast – but that is the same number they predicted last year which ended up being a “less-than stellar performance,” Trish says. The report says that the decrease in major storms last year from the year before was due to the El Nino weather pattern, which blocked storms from getting into the Gulf. But this year, El Nino is being replaced with La Nina – a system that will do the opposite and facilitate storms coming into the region.