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...Facebook, for example, told the SEC that the polar vortex of 2021, which knocked out electricity in a swath of the central US, increased its electricity costs....
...The V traced by US indices heavily driven by tech and pharma stocks is appropriately narrow. The S&P 500 is down only 7.6 per cent since the pandemic hit the US and Europe....
...The last major cold spell in the US, known as the Polar Vortex, hit in 2014 and “laid waste” to prospects for advancing economic growth, said the strategists....
...Elsewhere in retail, JD Sports said it has bought Go Outdoors, the Sheffield-based seller of down jackets and waterproof trousers favoured by anyone brave enough to go out walking in a polar vortex....
...The city was in the grip of a polar vortex, perishing in sub zero temperatures....
...The polar vortex may be nigh. But perhaps when it comes, you can find a tiny consolation that at least you’ll be able to find a decent coat to ward against it....
...This all changed with the polar vortex. Now the penalties for failing to deliver promised capacity are rather harsh....
...Jack Ablin, chief investment officer at Harris Private Bank, says he is watching to see whether the strong dollar is the “new polar vortex” echoing how investors blamed a cold winter for a sluggish first...
...“This is the biggest drop since February after the polar vortex,” Mr Miller said. “Utilities had a big run in gas prices after the polar vortex. It had a big spike and a big drop.”...
...vortex....
...A stuffed polar bear greets you in the hall beside a crossbow, an old wind-up telephone and a sofa shaped like Mae West’s lips....
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