El Niño Could Add $30 Billion to U.S. Economy

Our research suggests the massive El Niño weather pattern has the potential to add 1.5 percent to U.S. gross domestic product in the first quarter.

January 27, 2016

 
Important Notices and Disclosures

This document is distributed for informational purposes only and should not be considered as investing advice or a recommendation of any particular security, strategy or investment product. This article contains opinions of the author but not necessarily those of Guggenheim Partners or its subsidiaries. The author's opinions are subject to change without notice. Forward looking statements, estimates, and certain information contained herein are based upon proprietary and non-proprietary research and other sources. Information contained herein has been obtained from sources believed to be reliable, but are not assured as to accuracy. No part of this article may be reproduced in any form, or referred to in any other publication, without express written permission of Guggenheim Partners, LLC.


FEATURED PERSPECTIVES

A Strong Credit Market Shapes the Default Outlook - Featured Perspectives
November 21, 2022

A Strong Credit Market Shapes the Default Outlook

The stress in this credit cycle is driven by unforgiving high interest rates.

Fourth Quarter 2022 Fixed-Income Sector Views - Featured Perspectives
November 10, 2022

Fourth Quarter 2022 Fixed-Income Sector Views

Market and value updates by sector.

The Jobs Data Trend Is Duration’s Friend  - Featured Perspectives
November 04, 2022

The Jobs Data Trend Is Duration’s Friend

October jobs data suggests a cooling labor market.


VIDEOS & PODCASTS

Market Outlook 

Recession ‘Inevitable’ as the Fed Fights Inflation

Scott Minerd, Chairman of Investments and Guggenheim Partners Global CIO, joins Bloomberg TV on Fed Day to discuss the Federal Reserve’s largest rate hike since 1994.

Macro Markets Podcast 

Macro Markets Podcast Episode 18: Investment-Grade Corporates and the Macro Backdrop

Managing Director Justin Takata discusses the technical and fundamental drivers of value in investment grade corporates, and U.S. Economist Matt Bush addresses recession timing and the possible progression of policy.