With climate models confirming that we are tracking into a rare and severe "Super El Niño," climate risk is shifting from a theoretical headline to an immediate portfolio threat. Historically, severe disruptions like this flip the script on multiple sectors—hurting agriculture and rural demand while creating sudden margin pressures for consumer goods, yet sometimes boosting specific commodities or power utilities due to soaring cooling demands.

For those actively trading right now, what structural changes are you making to manage this? Are you actively shorting or trimming exposure in staple-dependent FMCG stocks, or are you hunting for defensive plays in sectors like micro-irrigation, power generation, or alternative energy? I’d love to know what specific indicators or sector pairs you are watching to time these adjustments.