Outlook Connections

The future of fixed-income markets
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Moody’s Talks - Outlook Connections

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December 8, 2020

Pandemic hurts oil, gas and auto firms’ capital spending, utilities less affected

Inside this episode:

​​Elena Nadtotchi and Matthias Heck of the Corporates group and Nana Hamilton of the Infrastructure group explore the outlook for global oil and gas producers, global auto makers, US regulated power utilities, and European unregulated utilities. The oil and gas and auto industries’ capital expenditure will come under pressure following a coronavirus-induced drop in revenues during 2020, although issuers continue to invest in carbon transition. Utilities’ capex will remain robust, as the pandemic has had less impact on them.

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