Every few years, weather nerds and agriculture analysts will talk about an upcoming El Ni&ntilde;o, and then they mostly pass by with relatively few headlines. But sometimes El Ni&ntilde;os end up being massively destabilizing -- leading to devastating droughts, flooding, and other catastrophes. And this year's emerging El Ni&ntilde;o could end up being one of the big ones, with forecasters predicting record-breaking intensity. But what exactly is an El Ni&ntilde;o, and what does it mean that this year's could be so big? On this episode, we speak with Justin Mankin, professor of geography at Dartmouth and director of the Climate Modeling and Impacts Group. We discuss the forecasting of El Ni&ntilde;os, and why they can lead to large and long-lasting economic damage. Read more: <a href="https://www.bloomberg.com/news/articles/2026-07-09/super-el-nino-will-give-us-a-glimpse-of-life-in-2035?utm_medium=referral&utm_source=podcast&utm_campaign=odd_lots&utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Super El Ni&ntilde;o Will Give Us a Glimpse of Life in 2035</a> <a href="https://www.bloomberg.com/news/articles/2026-08-13/uk-economy-weathers-early-months-of-iran-war-with-0-4-growth?utm_medium=referral&utm_source=podcast&utm_campaign=odd_lots&utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Heat Wave and World Cup Hand UK Economy a Surprise Boost</a> Only <a href="http://Bloomberg.com" data-inline-card="" data-card-data="">http://Bloomberg.com</a> subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at&nbsp; <a href="https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">bloomberg.com/subscriptions/oddlots</a> <a href="http://bloomberg.com/subscriptions/oddlots" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Subscribe to the Odd Lots Newsletter</a> Join the conversation: <a href="https://discord.gg/oddlots" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">discord.gg/oddlots</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

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A Historic El Niño Is Coming That Could Cost the World Trillions

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