Six months ago, I published a ranked matrix of the ten issues most likely to shape the business environment in 2026. This mid-year update recalibrates that ranking against hard data: the IMF's April World Economic Outlook, the April CPI release, current markets, and post-SCOTUS tariff reality. The numbers have moved. More importantly, the pattern beneath them has sharpened. Let me give you the headline figures, then tell you what they actually mean for how you run your organi