There’s no shortage of issues forcing market and policy participants to keep their heads on a swivel, both near term and over the horizon. The following is a roundup of some of those issues. Federal Reserve Meeting: The Federal Open Market Committee’s (FOMC) last meeting of 2023 is scheduled to begin tomorrow and extend though Wednesday. After the September meeting, the FOMC reported its consensus to increase the federal funds rate by another 25 basis points. Since the scorching hot GDP report for Q3 showed 4.9 percent annual growth, the market is second guessing that potential action. The current federal funds futures market shows a 98 percent probability of the Fed holding interest rates at the current level of 5.25 to...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.