More drought? - InvestingChannel

More drought?

Is there more drought in store for California and the Southwest?  The Kelvin Wave that preceded an El Nino has dissapated and the  El Nino not not expected to develop.

That’s because the largest surge of heat ever recorded moving west to east in the Pacific Ocean, often referred to as a Kelvin Wave, which was supposed to start an El Niño and bring tropical-like rains to the West Coast and southwest, just dissipated, after it was absorbed by abnormally warm ocean waters.

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear