Featured Product

    Moody's Analytics Insights

    Moody's Analytics Insights

    Article
    Business building architecture on sky background

    The Pros and Cons of Rent Regulation

    Our findings conclude that the recent rent regulations passed in three states will likely not have a material impact on supply growth – for either affordable housing or for market-rate apartments. This means that landlords and investors concerned with market-rate apartments are not likely to change investment or development behavior.

    Presentation

    Tech Disruption in CRE & The Evolution of Hyperlocal Analysis

    How is technology disrupting CRE, and how hyperlocal analysis is evolving to augment traditional analysis of risk and opportunities. The session will cover real-world case studies and how clients have been responding to disruptive trends and using hyperlocal data to address challenges.

    Presentation
    Abstract architecture background. Skyscraper with sunlight.

    Economic Cycles and Property Performance: Risks and Opportunities in the CRE Market ‍

    Some market performance metrics are at historic highs, while other markets have arguably been in a localized recession for several years. Where do different CRE markets stand? Where are the risks and opportunities? ‍

    Presentation
    graphics of big data analytics

    Transforming to a Modern and Cohesive Risk Management Ecosystem

    We discuss the evolution in Risk Management and key drivers, including: The credit risk life cycle and the ideal state of a cohesive risk management architecture; The role of technology, data and automation in risk management; What does it take to make better decisions faster?; Focus on new information or process efficiencies? New and old challenges, embracing of change in digital transformation (cultural shift or movement)

    Article
    Stock market chart

    Searching for Opportunity in the Land of OZ

    The Opportunity Zone (OZ) program offers substantial federal tax incentives in exchange for capital investment in under-resourced areas. This creates challenges for investors, policymakers and other stakeholders when trying to evaluate the more than 8,700 Opportunity Zones in their entirety. In this paper, we leverage our opportunity zones

    Article
    illuminated stock market numbers

    Canada Housing Market Outlook: Slower, Steadier

    The Canadian housing market is going through a period of decompression

    Article
    illuminated charts and graphs

    Latin American Currency Highlights: Determining the Risk of a Large Currency Depreciation for 15 Countries

    Latin American countries have a shaky history when it comes to stable foreign exchange. Several countries are facing economic and political upheaval, which may significantly impact the value of their currencies. Using the Moody's Analytics Currency Depreciation Indicator, we evaluate the coming year for 15 Latin American countries.

    Article
    insight default image

    Canada Housing Market Outlook: Time for Slower Price Growth

    The housing market in Canada seems to have stabilized. House price growth slowed between early last year and the middle of this year, though home sales and house price growth increased in July and August.

    Article
    Graphic blue house in a line of white houses

    Canada Housing Market Outlook: A Better Long-Term Perspective

    Canada's housing market has moved past its previous turning point and seems to have settled into an interlude of slowing house price appreciation, reduced sales, and a looser market in general.

    Whitepaper
    illuminated charts

    Default Risk Premium in the Equity Market

    This paper explores the default risk premium within the equity market. To our knowledge, this is the first study that uses the commercially-available structural model, Moody's Analytics Public Firm Model, EDF9TM, to explain the cross-section of stock returns. While distressed stocks have attracted attention in the past for their anomalously low returns, we also identify outperformance of “safe” stocks. The notions of safe and distressed are both defined in the context of Distance-to-Default within the Moody's Analytics Public Firm Model(also known as KMV). Our findings revisit the notion that value, size, and momentum price the financial distress risk. We find that safe stocks outperform the market, and risky stocks significantly anomaly, our factor is not a proxy for the low volatility factor.

    Article
    Financial data on monitor

    Weekly Market Outlook: Debt-to-Profits Outperforms Debt-to-GDP

    In 2017's final quarter, the 7.7% yearly advance by nonfinancial-corporate profits from current production outran the accompanying 6.6% increase of nonfinancial-corporate debt. The record shows that if pretax operating profits continue to outpace corporate debt, corporate credit quality will improve. The correlation between the high-yield default rate's quarter-long average and the yearlong ratio of debt-tooperating profits for US nonfinancial corporations is a meaningful 0.82.

    Article
    Figure 1: Forthcoming Acceleration by US Government Debt May Be Offset By Below-Trend
Growth of Non-Federal Debt

    Weekly Market Outlook: Borrowing Restraint Elsewhere Makes Room for Federal Debt Surge

    Partly as a means of offsetting the loss of business activity to deleveraging by households, businesses, as well as state and local governments, the federal government's share of the U.S.' broadest estimate of public and private nonfinancial-sector debt has soared from year-end 2007's 18% to the 34% of 2017's third quarter. The latter share is the highest since 1960's third quarter.