El Niño, War, and Fertilizer Costs Create a Dangerous Inflation Cocktail ...Middle East

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El Niño, War, and Fertilizer Costs Create a Dangerous Inflation Cocktail
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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…

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