Greece dominated headlines in the first half of 2015. Its flip-flopping on its way to capitulating on austerity measures kept the EU in turmoil. Concerns over slowing growth in China sent its stock market tumbling and global markets swooning in August. The Chinese government then used heavy-handed tactics to stem the losses which only seemed to make things worse. On the political front, a kinder, gentler and very liberal Justin Trudeau won the top job in Canada in a surprise election win over conservative Stephen Harper. The U.S. went the other way with Donald Trump shocking and awing his way to the lead in the U.S. Republican Presidential primary campaign. The terrorist attack in Paris added further turmoil and fear to an already jittery global economic and political picture.
Read the full newsletter at the link below.Canso January 2016 Corporate Bond Newsletter