Visual narratives to walk you through important topics across industries, sectors, and regions.
June 5, 2020

COVID-19 driven downturn to have lower debt recoveries compared to global financial crisis (GFC)

US companies that default in the current downturn will likely return less to investors than those that defaulted during GFC. Recoveries will be even worse in a prolonged default cycle

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April 6, 2020

ESG factors frequently cited as material credit considerations in 2019 private-sector rating actions

Of the 7,637 rating actions that we published last year for private-sector issuers, 2,521, or 33%, contained references to material ESG considerations, underscoring the significance of these considerations in our credit analysis. We expect that the materiality of ESG considerations will continue to increase.

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July 18, 2019

States with high SALT deductions don't top out-migration list

There are no discernible signs yet that the federal cap on state and local tax (SALT) deductions is causing residents to flee high-tax states such as California, Connecticut, New Jersey and New York.

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June 9, 2019

US States preparedness for the next recession

Moody’s Analytics performs annual stress tests on state government budgets - estimating the amount of fiscal stress likely to be applied to state budgets under different recession scenarios and comparing that to what states have in reserve. The overall results of the 2019 exercise relative to a year ago are unmistakably positive.

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June 4, 2019

China's belt and road initiative

China's Belt and Road Initiative (BRI) has been increasing its financing for projects across the globe, as it integrates and expands its trade routes. Moody's rated sovereigns that have signed on as BRI participants have received a cumulative $159 billion in direct equity investments and $321 billion in construction contracts since 2014

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April 4, 2019

Cyber risk: credit risk exposure by sector

The growing intersection of supply chains, connectivity and access to data is increasing the potential for significant cyberattacks, creating new risks for governments and businesses worldwide. Moody's assessed the inherent cyber risk exposure of 35 broad sectors based on two factors: vulnerability to a cyber event or attack, and impact in terms of potential disruption of critical business processes, data disclosure and reputational effects.

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March 10, 2019

Pension liabilities continue to trouble Illinois, Kentucky, Connecticut, New Jersey and others

Adjusted net pension liabilities (ANPL) declined in states' fiscal year 2018 reporting due to healthy investment returns in fiscal 2017, though unfunded pension liabilities remain high for some states.

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March 9, 2019

Global Investment Bank (GIBs) Universe

Global Investment Banks have significant capital markets activities and business-model characteristics that can pose unique or pronounced risks to their creditors. View how their revenues and share of capital markets compare.

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