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Outrageous Predictions 2016: Garnry - El Nino heats up inflation
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It's pretty outrageous to think that inflation will be a major problem in 2016 but this is one of Peter Garnry's 'outrageous predictions' for 2016. Saxo Bank's Head of Equity Strategy suggests the El Nino weather effect could have a catastrophic impact on global agriculture and a lack of supply could lead to major price rises and traders need to be prepared for all eventualities.