Thursday marked the worst day for stocks in weeks despite word on the street to “buy,” since valuations have once again become attractive. But apparently not yet. History suggests a rebound with President Trump politically compelled to dream up some form of policy stimulus on top of the real contributions occurring in technology-related productivity gains and solid profit estimates. But equity bears ruled as the market nears correction territory. The war premium on commodities failed to stick today with corn and the soybean complex following equities instead of energies. There was higher volume in soyoil and cattle, with only the latter using it for gains. There were basically reversals from overnight gains to daytime loss...
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.