Blog: El Nino and Commodities 2026
El Nino is a positive for consumers but a negative for markets on average. This time around geopolitical factors may dominate the climate.
Topic
Climate Change
A collection of 6 issues
Blog: Climate Change Requires New Economic Theories
Empirical analysis won't save us.
Blog: Will Inflation Come Back for One Last Scare?
The Aborted Landing Scenario rises from its economic grave.
Blog: El Nino and Commodities Revisited
With the devastating impact of Hurricane Helene on the Southeastern US, and the transition from El Nino back to La Nina taking place, I thought it might be a good time to revisit the work I published in a Newsletter last year. In the newsletter I came up with a
Newsletter: El Nino and Commodities
The El Nino Southern Oscillator appears to affect the demand for oil and the supply of grains.
Blog: An El Nino level regime change for the markets?
In the Market Climatology section of the Hypertext Book, I use the El Nino Southern Oscillator (ENSO) as an example of a climate level regime change. It appears that ENSO is undergoing such a regime change, from La Nina, which just ended, to El Nino, which will probably start in