el niño
El Niño is back, and your wallet is about to feel the heat.
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What is it?
El Niño is a periodic climate pattern characterized by warmer-than-average ocean surface temperatures in the central and eastern Pacific, triggering massive disruptions to global weather systems, from severe droughts to record-breaking floods.
The Takeaway
Expect economic ripple effects and extreme weather volatility to dominate news cycles until the pattern dissipates.
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