Forget oil. A surging El Niño could kill Fed rate cuts - and these stocks stand to win.
The article says NOAA forecasters expect an extremely strong 2026 El Niño with an 81% chance of a very strong event (Oct-Dec), potentially among the largest since 1950. It argues El Niño could disrupt crops and electricity, extending inflation and reducing the likelihood of Fed rate cuts. It cites potential beneficiaries including Phillips 66 (PSX), International Seaways (INSW), and agricultural stocks.



