New York Times (September 27)
“Governments, businesses and communities” need to get ready for El Niño. “There are more than two dozen climate models from agencies around the world that forecast El Niño conditions, and they often don’t agree. But this year they are more aligned than ever before in predicting that El Niño conditions will last through the end of 2026. This high level of certainty means that many of the expected impacts — intense rainfall in some regions, drought and wildfire in others and an increase in global warming — are very likely to occur.”
Tags: 2026, Agencies, Businesses, Certainty, Climate models, Communities, Conditions, Drought, El Niño, Forecast, Governments, Impacts, Predicting, Rainfall, Wildfire
Investment Week (September 29)
“Which companies are actually ‘doing AI’ is the question that has to be answered.” Just as “a lot of fund houses are making a big show of talking about AI as it puts them ‘in’ this next big trend, the same is true for many of the companies they are looking to buy.” Hype abounds and the Financial Times “discovered a disparity between the AI leaps CEOs were buzzing about in their company’s investor calls and the actual investment the businesses were making into this space.” To keep “AI in check just from a risk management basis” and to separate “the winners from the churn,” active mangers are essential. “The value of active management cannot be underestimated, not just for the necessary diversification but to actually play a role in making this new era not be as ‘terrifying’ as people are predicting.”
Tags: Abounds, Active mangers, AI, Big trend, Buy, CEOs, Churn, Companies, Disparity, Diversification, Fund houses, Hype, New era, Predicting, Risk management, Terrifying, Winners
