Cardinal held its second Investor Day Client Conference in 2015 recognizing that there were several disruptive factors that the markets, and therefore our clients, were going to have to contend with – normalization of domestic monetary policy, the strong U.S. dollar, the collapse of oil prices and its impact on domestic economic growth and inflation, and the nascent recovery of European economies. And while we did not foresee the weakness in China and the emerging markets at that time, there is no doubt that this has only complicated the outlook for global markets. 

Cardinal Portfolio Company: Howard Hughes
Paul Layne
EVP, Master Planned Communities
Introduction: Rob Kirkpatrick