tyb
Research "reveals"* cause of huge 2011 Japan tsunami, may improve forecasting
(nothing about a few bombs or anything like that)
OSAKA โ Research results released by Osaka University on April 29 have attributed the massive plate-boundary fault slip and tsunami of the March 2011 Great East Japan Earthquake to increased pressure due to frictional heat between plates.
Researchers said friction between the plates created temperatures of at least 500 degrees Celsius, causing water trapped underneath to expand and push open faults between plates, making huge slips more likely. The team says their work will help predict the size of tsunamis and the characteristics of earthquakes in the Nankai Trough, inland and other regions.
On the same day, the group's research results were published in the English online journal Scientific Reports.
The March 2011 earthquake was caused when a shallow area close to the Japan Trench slipped 50 to 80 meters, raising the seabed and generating a huge tsunami. Before the disaster, shallow areas were considered safe from major slips. To determine the cause of such a massive slip, the Japan Agency for Marine-Earth Science and Technology (JAMSTEC) deployed the Deep-sea Scientific Drilling Vessel "Chikyu" in 2012 to collect pieces of the fault for analysis.
Tetsuro Hirono, associate professor at the Department of Earth and Space Science at Osaka University, and his team analyzed material recovered by Chikyu. They studied the level of pressure, permeability, heat and other conditions near the plate boundary required for the rock to slip or break. While some believed that slippery clay composites in the fault were to blame for the slip, it became evident that had it not been for the expansion of water caused by friction-generated heat, there would not have been a major fault slip.
Historical and other data are currently used to predict the chances of a large earthquake and its intensity. Following the Osaka team's results, it is possible that analysis of fault lines will improve the ability to forecast the size or intensity of tsunamis and earthquakes, reducing the effects of natural disasters.
Hirono said, "The Heisei era was affected by several large earthquakes, but researchers were only reactive to events. I want earthquake research to proactively reduce disasters as we advance into the new Reiwa era."
https://mainichi.jp/english/articles/20190430/p2a/00m/0na/020000c
don't think a quantifiable number ever produced but has to be in 10's on thousand's.
Blow Off Top: Bay Area Median Home Price Drops For First Time In 7 Years
San Francisco Bay Area homes declined last month on a y/y basis for the first time in seven years, according to CoreLogic.
The median price paid for an existing home in the nine counties (Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma) was $830,000, down 0.1% compared with March 2018.
The last time prices fell on a y/y basis was March 2012. After that, the Federal Reserve injected several more rounds of quantitative easing that sent home prices soaring for 83 consecutive months. In March 2018, the median home price gained 16.2% over March 2016.
In 2H18, the appreciation rate dramatically slowed due to quantitative tightening, mortgage rate increase, and the start of a synchronized global slowdown.
"It's not that surprising that we hit the wall, at least in terms of a pause," said Andrew LePage, a CoreLogic analyst, wrote in a release.
Glen Bell, a real estate broker with BetterHomes and Gardens Reliance Partners in the East Bay region, said home sales and prices tend to accelerate between February and March as buyers prepare to move before the summer months. He said there was a slight pick up in activity, "but not as strong as last year."
"It reflects a trend that began in mid-2018 when home sales slowed and inventory grew, forcing sellers to be more competitive," LePage said."The year-over-year increase in the regionโs median sale price was 16.2% in March last year. But after that, the gains in the median gradually decreased each month and fell to the 2 to 3% range early this year and then disappeared this March."
Sales of homes in the nine counties were 15% lower in March when compared with last year. It was the lowest March in terms of sales in 11 years. Sales have been slowing on a y/y basis for the last 10 months - an ominous sign that not just the top is in, but a quick reversal in price is immient.
Santa Clara County noticed the most significant y/y median home price declines, falling 10% to $1.08 million in March. It was one of the hottest markets on the West Coast, if not the entire country last year - has fallen into a dangerous slump where prices are crashing.
"We've definitely seen some softness and some slowing," said Michael Repka, chief executive and general counsel of DeLeon Realty in Palo Alto.
(typical RE agent "softness"-I think they invented the word 'downclimb')
The total number of homes sold in the nine counties hit 6,124, up 39% from Feburary, but down 14.8% y/y, CoreLogic reported.
The slowdown in home sales and a decline in price last month "mainly reflect buyers purchasing decisions in Feburary," LePage said in the press release. In early 1Q19, the market was recovering from a slowdown in the economy and a volatile stock market from Christmas.
Since Feburary, stock market volatility has dropped, mortgage rates are much lower, and since mid-March, IPOs have been debuting, which could bring more buyers to the market in the coming months.
Jason Nelson, an agent with Alain Pinel/Compass in Mill Valley, said that in Southern Marin, "there might be a slowdown in the market especially on the higher end."
(might beโฆ..fuggen spergs ALL OF THEM)
https://www.zerohedge.com/news/2019-04-30/blow-top-bay-area-median-home-price-drops-first-time-7-years
can say that in california southern have seen a big increase in home's listed for sale. an average of about 2-3 new one's a week but many are not being sold-See most one's over-priced and they switch agent's thinking that will help- it's ded)
wonder if it will continue on south or stay.
Picking up/meeting someone in Hawaii or heading to south pacific?
any idea's why it made that low pass?
fuck off shillbag. Data doesn't lie..unlike you.
You obviously can't read a chart or crunch number's.
it was $6.6b last quarter of basically unaccounted for crap. Last time was in the FOREX derivative columns or investing activity's. So instead of using that area to paper it over, like Q4, they just shoved it into one entry and said fuck you plebs we make the rule's.
SEC needs to do something as this is absolutely ridiculous, worst I've ever seen in almost 30 year's, a hole that big.
They are just the latest example, AMZN, Twatter, FB all do virtually the same thing with both way's to do this. AMZN does a better job of hiding it though. They did not book the black money as ad revs. FB and twatter did.
I thought they may make it look better this time but ..was wrong. Don't think any of us are forensic accountants so keep in mind it's what given to work with. One of the reason's I stopped looking at these in detail year's ago since it just made me mad to see what they got away with.