2015 Quarterly Reviews
Year in Review
The theme to start 2015 off was very similar to what the pundits were forecasting in 2014 and then after almost a decade, interest rates were set to rise in the United States. The predictions finally came true and in December 2015 the U.S. Federal Reserve raised the overnight lending rate to 0.5%. As this move was well telegraphed and did create some volatility throughout the year, China took center stage through the latter half of 2015 and the slowdown in their economy created a ripple effect through stock markets worldwide, especially Canada.
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