Don’t take it personally that markets across the board showed weakness today. Exceptions being the dollar and lean hogs. The problem is dropping consumer sentiment as growth slows in Asia and worries grow about inflation. Notable was the Biden Administration’s announced plan to attack ransomware attacks by targeting cryptocurrencies. Bitcoin fell 1.3 percent and Ethereum dropped 5 percent in value. Chicago agricultural commodity futures are additionally pressured by the eminent boost in supplies via what could be a very rapid harvest. The pressure is mostly on cash, however, and futures are holding up relatively well. Harvesting will benefit from mostly dry and warm conditions. There are some rains in the southeast...
From WPI Consulting
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.