Exchange rates and the commodity trade are inextricably mixed. Multiple recent developments are forcing board room recalculations as to where forex is going, and how best to position amidst the chaos. Just yesterday a populist Argentine Congressman named Javier Milei took the largest share (30.5 percent) is the presidential primary. He has vowed to dollarize his country’s hyper-inflated economy. An approach that was quasi-tried in the 1990’s and fared no better than El Salvador declaring bitcoin legal tender. Early this summer, the dollar index hit its highest point since 2002 but now looks to be stabilizing as inflation falls and the Fed takes a pause. However, that stability is against allied currencies and ignor...
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...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.