All Reports

March 17, 2026

Takeaways from Recent Call with U.S. Boxmakers

By Adam Josephson

I recently hosted a call with several privately held U.S. boxmakers, whose perspective often differs from that of the publicly traded containerboard producers. Among the topics discussed were (1) the impact or lack thereof of…

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March 16, 2026

Concerned About Banks’ Exposure to Private Credit? How About to Broker-Dealers and Hedge Funds?

By Adam Josephson

To my longtime readers, I’m back publishing on banking and consumer spending, as well as on paper & packaging. This note is on banking; the other topics will follow. Briefly regarding consumer spending, the BEA’s…

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