This week will be pivotal on Capitol Hill. Much of President Biden’s agenda – the American Families Plan (43.5 trillion budget reconciliation bill) and the Build Back Better initiative ($1.2 trillion infrastructure bill) – will be put to the test with votes in the House of Representatives. It is the same agenda that has been on the docket for months, but this is the week it comes to a head. House Speaker Nancy Pelosi (D-California) issued a schedule last night calling it a “week of opportunity.” Before moving ahead, the government must be funded, and the debt ceiling must be raised. The fiscal year ends 30 September and the federal government’s borrowing authority is exhausted with the Treasury using acc...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.