The odds are continuing to rise that one of the strongest El Niño events on record will last until early this spring, and some countries could get slammed.
As Bloomberg's weather expert Brian Sullivan explains, El Niños reduce the hurricane threat in the Atlantic and cause stormier winters in the southern U.S, while threatening grain crops in Asia and Central America. A team at Nomura, led by Rob Subbaraman, has a note out detailing which countries and companies are set to see the biggest impacts.