El Nino - Winter 2015
"El Niño occurs when the normal systems of wind and ocean currents in the Pacific collapse – resulting in massive warming and drought throughout much of the tropics and subtropics. Major floods occur in some coastal locations as nearby oceans get warmer. Countries throughout much of Central and South America, Africa, South and South-East Asia and the South Pacific get hotter and dryer. Countries in the temperate regions of North America, Europe and Northern Asia get the reverse, experiencing mostly cooler and wetter conditions."
Further reading:
B.C. coast should brace for ‘monster’ El Nino year
El Niño: a global weather event that may save California — and destroy the tropics
Previous Market reports