COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force.
COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force. Travel, tourism, and international trade have been severely disrupted, and businesses across many industries are shutting down. Central banks are responding by slashing interest rates and providing liquidity to their financial systems, and governments are ramping up spending and cutting taxes. But it is too late, a global recession has begun.
High yield bond issuance and newly rated loans from high-yield issuers have soared thus far in 2021.
Monetary and fiscal stimuli seem to be surfacing here, there, and everywhere.
Policymakers must tackle a host of challenges outside the traditional reach of housing policy—in trade, immigration, education, taxes and even municipal decision-making.
Weekly Market Outlook: Real GDP Growth's Biggest Improvement since 1950 May Power 2021's Profits Growth
Each noteworthy deterioration of U.S. corporate credit quality since 1982 was accompanied by a significant contraction of yearlong core pretax profits, where the latter is supplied by the National Income Product Accounts of the U.S.
Moody's Analytics & Raymond James In Conversation: The Year Ahead - An Update on Fintech & Student Lending
Join us for the second webinar in our series: Moody’s Analytics & Raymond James in Conversation where we will discuss the outlook for the fintech and student lending and their impact on banking / lending.
Weekly Market Outlook: Stocks and High-Yield Performed Well Amid Prior Upturns by Treasury Bond Yields
How did financial markets fare during the four previous distinct upturns by Treasury bond yields since December 2008's Great Recession bottom for the 10-year Treasury yield?
Following the recessions of 1990-1991, 2001, and 2008-2009, the U.S. high-yield default rate peaked at June 1991's 12.3%, January 2002's 11.1%, and November 2009's 14.7%.
After a soft end to 2020 and a difficult start in 2021, the global economic recovery is projected to gain momentum in the coming year supported by the coronavirus vaccine rollout.
Markets now fret over the possibility that massive amounts of fiscal and monetary stimulus may damage future financial conditions and economic performance.
Following last week’s release of the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR) scenarios for 2021, join Mark Zandi and the Moody’s Analytics team as they discuss the CCAR scenarios.