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Most of the models continue to predict that by Wednesday, the remnants of Matthew, and/or a piece of a tropical disturbance over the Eastern Pacific off the coast of Guatemala, will evolve into a huge and very wet low pressure system that will start spinning over Central America and the Western Caribbean. NHC has been referring to this expected storm as a "monsoon low", and these sorts of storms are very dangerous for Central America and the Western Caribbean, even if they do not develop into a tropical storm.
In October 2007, a similar monsoon low I dubbed "the sleeping giant" spent a week spinning over the region, dumping very heavy rains over all of Central America and the countries bordering the Western Caribbean. Rains from this system triggered flooding that killed 45 people in Haiti, damaged thousands of homes in Cuba, and caused havoc in Guatemala, El Salvador, Belize, Mexico, Jamaica, the Cayman Islands, and the Bahamas. A similar type of storm is likely to develop on Wednesday and Thursday, and most of Central America and the nations surrounding the Western Caribbean can expect to see dangerous flooding rains develop this week in association with this giant low.
Most of the models also predict that this big low will eventually develop into a tropical storm or hurricane that would be drawn northwards over Cuba late in the week, and threaten the Bahamas, Florida, or the U.S. Gulf of Mexico coast. This is an exceptionally difficult system to forecast correctly, and the models have been coming up with some pretty unusual solutions as to what might happen. We'll just have to wait and see what unfolds over the next few days.
A very close eye will be on the Caribbean over the next week as models are picking up on an area of low pressure forming. This area of low pressure may either be from the remnants of Tropical Depression Matthew (once it further weakens over the Yucatan) or it could very well be a separate area of low pressure forming just in the wake of Matthew. Models are very strong on forming this tropical system, then moving it North. Below is the GFS model forecasting for Friday of next week.