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Super El Nino: Famine Follows War?
Super El Nino: Famine Follows War?
Rory Green, TS Lombard's chief China economist, is the latest Wall Street strategist to warn of the mounting macro and food inflation risks that a super El Niño could release on certain regions of the world.
In a note titled "Super El Niño: Famine Follows War?" Green warns that war-related disruptions to energy and fertilizer markets, compounded by adverse weather conditions, could create a perfect storm for global food prices.
Green said, "In general, El Niño raises temperatures and significantly exacerbates both drought and heavy...
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