Impeachment’s Policy Implications In September 2016, American University professor Allan Lichtman was one of just nine analysts to correctly predict that Donald Trump would win the presidency. In 2017, he predicted that Trump would be impeached within a year, which would have been 2018. Earlier this year, the prescient professor said the only way Trump would lose re-election is if Democrats “grow a spine” and impeach him. The question for markets is what will be the impact of Trump’s demise and presumably the elevation of Democrats to greater power in 2021? On the positive side, we can assume an end to tariffs and trade wars, at least for a while. There will be great geopolitical stability around the world. More co...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...