Stephen Byrd: Watch Out for El Niño

This podcast episode explores El Niño, a periodic warming of the tropical Pacific Ocean, and its potential risks and impacts for investors. El Niño is part of the El Niño-Southern Oscillation (ENSO) and has significant effects on global weather and economic conditions. The current forecast indicates a 70% probability of a moderate to strong El Niño event this year, which could create wet conditions in some areas like the US and Argentina, and dry conditions in others like Southeast Asia. Investors need to understand the potential effects of El Niño on various sectors, commodities, and regional economies to make informed decisions.