The topic du jour in the corporate bond world is liquidity, or more specifically the lack there of. Despite significant growth in the size of the market, it has become increasingly more difficult to buy and sell corporate bonds without moving prices. Many are quick to point the finger at the Volcker Rule and Dodd-Frank […]
Happy New Year? | December 2015
“It is always wise to look ahead, but difficult to look further than you can see.” Winston Churchill After a difficult 2015, which saw the TSX down over 11% and jokes of the northern peso surfacing, Canadians are undoubtedly hoping for a sweeter 16. While we are not in possession of a crystal ball, we […]