As Congress returns this week, negotiating over the debt limit will be at the top of the to-do list. Coupling spending cuts with a debt limit increase was one of the top issues playing into the election of the House Speaker, as we highlighted on 9 January here. As was reported, one of the conditions Republican members insisted that the Speaker address was: No debt limit increase absent a discretionary budgetary agreement in line with the House-passed budget resolution or other commensurate fiscal reforms to reduce and cap the growth of spending. As reported at the time, this not only caps spending but makes higher stakes for passing a debt limit increase. There is precedence for such a spending cap/debt limit increase. In 201...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...