EFTA Document EFTA01385424

3 January 2018 HY Corporate Credit HY Multi Sector,Media, Cable & Satellite • Political: Political ad spending was supposed to soar to record highs in 2016, but President Donald Trump's lack of spending proved those early prognostications incorrect: 2016 spend ended up lower than 2012. That said, the current heated political climate has early commentary suggesting the 2018 mid-terms could match or surpass 2016 for Local Market TV. The combination of issue, candidate, and PAC spending wi