The Strategy Page is designed to shape strategic thinking by offering insight into the world around us. Recent events underscore how minor factors can rapidly and dramatically shift supply and demand, seemingly overnight.

The Consumer Electronics Show, held each January in Las Vegas, has always been a crystal ball for where technology is heading next.

We often say that to see into the future, we must first understand the past.

The end of the year is always a pivotal time for management teams. The holidays bring both joy and distractions. It’s easy to lose momentum when your team is focused on eggnog and champagne.

Last week’s market volatility served as a reminder that animal spirits remain alive and well. After months of AI stocks climbing with almost athletic confidence—vaulting over every earnings expectation, rumor, or leaked demo—the sector finally took a step back.

In this edition, we’ll explore the economic fallout of dysfunction—namely, how political paralysis may lock us into a long period of low interest rates and stagflation.

In this year’s trend series, we reflect on a business cycle shaping a new set of challenges for Vistage members.

In Part IV of our series, we focus on Economic Trends facing small and midsize businesses (SMBs) in 2026 and beyond.

In Part III of our series, we turn our attention to AI.