Super El Niño: How Weather Shocks Ripple Through the Global Economy
A potential Super El Niño could be far more than a weather event. It could become a global supply-side shock, disrupting food production, energy systems, mining, transport and trade while adding to inflation and political instability. In this episode of The Decisive Podcast, adapted from a Sept. 9 S&P Global Market Intelligence client webinar, experts examine how extreme weather could compound existing pressures across Asia-Pacific, Sub-Saharan Africa, Latin America and the wider global economy. Listen to learn: • Why a Super El Niño could produce a synchronized shock across agriculture, energy and logistics • Why food prices—especially rice, wheat, cocoa, vegetable oil and sugar—are a critical channel into inflation, household spending and policy intervention • Where drought, flooding and water stress pose the greatest risks to hydropower, mining, manufacturing and export infrastructure • Which markets warrant close monitoring • Which indicators companies should monitor over the next 90 days to judge whether risks are stabilizing or escalating More S&P Global Market Intelligence Content: • Picture This: Super El Niño Spurs Stagflationary Impulse in the Global Economy (https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/08/picture-this-super-el-nino-economic-impact-scenarios) • Geopolitical Risk Brief: September 2026 (https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/09/geopolitical-risk-brief-september-2026) • Global Economic Outlook: September 2026 (https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/09/global-economic-outlook-september-2026) For S&P Global subscribers (login required): • Impact of super El Niño (https://connect.spglobal.com/document/show/phoenix/6289022) • Super El Niño 2026-27: Impact on Sub-Saharan Africa (https://connect.spglobal.com/document/show/phoenix/6282903) • El Niño 2026–27: Agriculture, macroeconomic and policy implications for APAC (https://connect.spglobal.com/document/show/phoenix/6261624) Credits: • Host: Susan Minio • Guests: Justin Valentino (https://www.spglobal.com/en/research-insights/experts/valentino-justin) , Ahmad Mobeen (https://www.spglobal.com/en/research-insights/experts/ahmad-mobeen#q=&rows=20&pagenum=1) , Martin Roberts (https://www.spglobal.com/en/research-insights/experts/roberts-martin) • Produced By: Debbie Taylor, Kristen Hallam (https://www.spglobal.com/en/research-insights/experts/kristen-hallam#q=&rows=20&pagenum=1) • Edited By: Marz Marcello • Published With Assistance From: Feranmi Adeoshun