Whether or not the Volcker Rule is needed is a debate that has passed as it will soon be in place. However, there will remain plenty of questions as to how it will work in practice.Next Tuesday, 10 December, promises to be a memorable day for U.S. financial institutions and markets. That will be the day, apparently, when U.S. government regulatory agencies approve the final regulations that enact the so-called Volcker Rule, a portion of the massive Dodd-Frank financial market legislation passed by Congress in July 2010 in response to the financial crisis and meltdown that occurred in 2008.The Volcker Rule, named for its key supporter, former Fed Chairman Paul Volcker, is arguably the most contentious part of the highly controversial Dodd-Fr...
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.
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...