The global financial markets are full of anxiety. As yields on 10-year U.S. Treasury debt dropped to 1.44 percent yesterday, close to the all-time low of 1.30 percent in July 2012, the two most basic hedges against inflation and uncertain monetary policy, gold and TIPS, are the brightest areas in the market.The global financial markets are full of anxiety. Since Brexit looked like the reality it became, the British pound has lost about 10 percent of its value relative to the U.S. dollar and 9 percent against the euro. Yields on 10-year government debt are negative 0.12 percent in Germany and negative 0.19 percent in Japan, both record lows. Those on 10-year U.S. Treasury debt dropped to 1.44 percent yesterday, close to the all-time low of 1...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...