Bruce Cooper, portfolio manager of TD Global Dividend Fund and vice chairman of TD Asset Management Inc., describes why European companies with strong exports and sales to emerging markets and the United States present an opportunity for investors despite the recession and low economic growth in Europe. He spoke at the TMX Broadcast Centre in Toronto.
The long-term solution is for Greece and other uncompetitive countries to exit the euro monetary union
Central bank says it now expects the eurozone countries to be in recession for the next four months
Rating outlook characterized as “developing”
France loses AAA rating
If you believe the powers in Europe will be guided by sensible economics, then scoop up euro-linked bonds from solid U.S. names
Downgrades reflect the stronger headwinds facing the banking industry as a whole
Placement comes amid deepening political, financial, and monetary problems within the eurozone
Rating based on guarantees from various European nations