India Is On The Rise & Climate Change Could Spell Disaster For The Markets

Weather rarely has a material impact on overall markets, but that could change in the second half of the year as the potential for extreme weather heightened by El Niño could cause significant economic disruptions, notes Jeffrey Kleintop. He discusses climate, specifically El Niño, and the markets. He also talks about why India is on the rise. According to the United Nations, India's population is set to surpass China's this year. He highlights that as the world looks to “de-risk” supply chains in Asia, some are looking to India, and India is making changes to increase its attractiveness as a manufacturing base. He looks at the example of Apple (AAPL) moving some iPhone production to India. Tune in to find out more about the stock market today.