Sorry this is a little later than usual, I've been busy with some new responsibilities at work.  I will also keep this generally brief as I think we all know the general ideas.   Major factors PDO and ENSO:  We are currently in a cold neutral enso state and expected to remain cold neutral or weak nina status.  We are also still entrenched in a deeply negative PDO regime, coming off one of the most negative 3 month periods on record.  However, the PDO does show signs if creeping back towards