You are here

Looking ahead to 2016

The economic events of 2015 will come to bear on the global playing field this year

BT_20160106_YELLEN_2051601.jpg
Corporate bonds, both investment grade and high yield globally, have been lagging the sovereign indexes for the past six-plus months. We expect this to continue in the near term as markets grapple with the perceived pace of Fed tightening.

"An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living."
- Nicolas Chamfort (1741-1794)

FOR all that happened in 2015, one has to wonder if it will be lost