Good points. I would think that if we’re going be on the cool ENSO side of neutral, 2016-17 would be a better analog match than 2014-15 since the latter was in a +pdo regime whereas we’ve been in -pdo since the 2015-16 super nino.
Despite the +1.5 rise in the PDO, still think we’ll stay negative through this year and next unless it actually breaks through into positive territory, which is remotely possible if that warm blob migrates eastward to the NA west coast.