Moody's Analytics Articles
Investment-grade corporations have rushed to boost their liquidity through the issuance of longer-term fixed-rate corporate bonds.
The need is great because affected U.S. workers are concentrated in industries paying the lowest wages.
Monetary policy alone will be insufficient to temper an economic stall-out.
Many banks went live with their models and systems for IFRS 9 provisioning more than two years ago. Now, the new accounting standard and the banks' implemented methods to comply with it will face their first serious challenge following the global outbreak of Coronavirus (COVID-19).
Financial markets have recovered in response to massive doses of monetary and fiscal stimulus.
We answer questions submitted in response to our recent webinar.
In light of the COVID-19 crisis, we are providing guidance regarding shifts in the distribution of possible economic outcomes. Ideally, IFRS 9 and CECL...
The onus is now on governments to quickly provide substantial financial support to hard-pressed households and businesses. How much economic damage COVID-19 ultimately does will depend on the trajectory of the virus—and how governments respond.
The most recent Fed move is not enough to guarantee liquidity for all issuers. Fiscal policymakers need to step in.
This study takes a scenario analysis approach and dissects the credit risk impact on financial institutions' commercial real estate (CRE) loan portfolios under various COVID-19 scenarios.
From the perspective of the U.S. equity market, COVID-19 is the worst natural disaster ever. After
The Central Bank of Egypt announced its biggest rate cut on record and changes our outlook for the nation. This drastic rate cut comes with risks and rewards.
Almost every sector of Brazil's economy will be hit hard by the abrupt decline in global economic activity, from agriculture and manufacturing to transportation and energy.
The ECB will do whatever it takes to contain borrowing costs—this is especially relevant for the southern European countries—to allow euro zone governments to spend as much as they want on their fiscal response to the COVID-19 crisis.
Initial jobless claims jumped, but the big surge is still to come.
The flurry of financial market activity this week has done some interesting things in the municipal bond market, and not everyone is coming out a winner.
With no end in sight, the market value of U.S. common stock plunged by 5.85%.
Government measures taken to slow the rate of transmission will hinder economic growth in the near term. Yet the major long-term impact could come from the effect the outbreak is having on financial markets.
Real-time information on consumer spending is very limited, but there is growing evidence of some of the changes to consumer spending in response to COVID-19.
Highly Commended for Best Emerging Markets Paper in the 2019 Savvy Investor Awards, this paper considers the consequences of a China debt crisis for the Chinese and global economies, with a special focus on Southeast Asia and emerging markets.
Volatility has risen significantly in financial markets, driven by COVID-19. How might this affect US multifamily and commercial real estate (CRE) transaction markets? What are the mechanisms through which panic and a flight to safety will hurt some markets but benefit some players?
A March madness of a different sort continues. As of the afternoon of March 12, the market value of U.S. common stock was a deep 26% under its close of January 17, 2020, or the last trading day before COVID-19 first rattled U.S. financial markets.
Traditionally, corporate trade credit limits have been set based on customer size, an internal or external credit score, and a qualitative sense of risk appetite. These limits have been effective in minimizing write-offs, principally because they are conservative.
The longer negative sentiment dominates the financial markets, the greater is the danger the loss of confidence will spread to businesses and consumers.
The coronavirus is an existential threat to the record-long global economic expansion. The Centers for Disease Control and Prevention says it is likely that COVID-19 will become a global pandemic. If the CDC's warning comes to pass, then recession will be difficult to avoid.
Given the uncertainty surrounding COVID-19, how should we think properly and carefully about its effect on US multifamily and commercial real estate?
Outside of China, South Korea has the largest number of reported cases of COVID-19 infections. The rapid spread of the disease has caused the country to think differently about combating the threat.
Markets are trying to “price-in” an event for which there is no readily known precedent. Volatility will rule until COVID-19-related risks reverse course.
Where do we stand today and how can financial institutions prepare for this changing climate landscape?
End-to-end risk modelling solutions have developed from a need among insurers to have a quick, accurate and reliable understanding of their enterprise risk and solvency positions.