World Perspectives

What I’d Really Like for Christmas

The older you get, the shorter your Christmas list gets. And so it is with me. The list not only becomes shorter but also simpler. And so it is with my market Christmas list. I would like a few weeks or months of low volatility. I am really tired of the fund-induced volatility that can bring us 10 percent or more of price changes in a just a few days that are often not related to fundamentals in any way, shape or form. This extreme volatility has chopped up many market participants, including funds, small and large speculators, and end-users. I would like to see trading hours reduced. Volume through much of the current 21-hour session is insignificant. Not everyone needs instant market gratification! I would like to see a few states...

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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.

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