Sino-American Similarities While China and the U.S. are in a competitive battle both strategically and economically, there are many similarities between the two countries. The rich are the target of Chinese President Xi Jinping’s campaign for “common prosperity” and the goal of more social equality. President Biden and his Democratic Party are determined to make America’s billionaire class “pay their fair share.” President Xi has moved to increase the role of the state in the economy and President Biden wants a $3.5 trillion increase in the federal government’s role in the American economy. Former Economist magazine editor Bill Emmott says both countries are “Middle Kingdoms” with other...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.