Mastering Money 12/9/20

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Manage episode 279656200 series 1129321
By IQ Wealth Management and Steve Jurich. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
How does changing weather affect the price of commodities and everything we buy? Probably, more than you think. In case you weren’t aware, we’ve been experiencing mostly "El Niño" weather conditions for the past ten years. El Niño is characterized by warmer ocean temperatures which affect weather patterns around the world. It has nothing to do with climate change, but rather is a natural result of the massive swirling of warmer and cooler ocean waters, leading to atmospheric pressure changes. Here's the problem: El Niño’s cooler sister, La Niña—is moody. She brings cooler ocean water temperatures, and…. she has officially arrived. La Niña, in fact, is shaking up agriculture in an already-tumultuous year for commodity markets, says the Wall Street Journal. We've got the fascinating Journal report for you today, then Medicare expert Shelley Grandidge joins us...MASTERING MONEY is on the air!!!

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