U.S. agriculture is better than a country cousin when comparing some of its statistics to health care. Ag Loses to TF The WTO deal possibly1 arrived at in Bali provides important grease to the trading system via its trade facilitation (TF) provisions (eventually more transparent and expeditious product entry procedures), but a concession to India is creating a permanent2 possible3 agricultural market distortion.possibly1 – because at this hour Cuba and its socialist Banana Republic puppet states (Venezuela, Bolivia and Nicaragua) are blocking a consensus.permanent2 - because a future consensus will never be reached to undo it.possible3 – because the agreement has two conflicting provisions:1) "Members shall refrain from challenging" stock...
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.
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
Markets are getting into the Halloween spirit, handing out more tricks than treats. There has been some encouraging news, but it hasn’t been enough to slow the broader slide. Now buyers need to show up with something other than another “Charlie Brown” rock for the bag. Somethi...