Highlights Portfolio Strategy Food price deflation bodes well for increased volumes, and by extension, packaging stocks. Upgrade to overweight. Prospects for intensifying market and economic volatility argue for reestablishing a…

Last autumn we recommended using weakness in the S&P containers & packaging index to augment positions to overweight, on the basis that that global disinflation would optimize profitability at a time when excess bearishness…

U.S. dollar softness has failed to lift equities of late, a tentative warning that correlations are changing as the U.S. economy cools.