World Perspectives

Blame Democracy; Meat Cancel Culture; Quotable

Blame Democracy Economists Massimo Pulejo and Pablo Querubín of New York University basically conclude that elections made the coronavirus outbreak worse. The authors (NBER Working Paper No. 27498) compared countries based on the proximity or timing of elections and the stringency of lockdown measures imposed to contain the coronavirus. They found that the closer incumbent leaders were to facing an election, the more their COVID policies favored economic activity. That leaves a tough choice for the citizenry, democratic health risk or fascist economic risk. Meat Cancel Culture  Hoping to mimic the success of Black Lives Matter and other progressive groups, anti-meat campaigners are bringing cancel culture to the livestock ind...

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Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.225/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.12 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, down $0.7 fro...

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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.

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