2020 Outlooks
Moody's 2020 Outlooks provide forward-looking insight into the global credit conditions and trends shaping key sectors and regions for the year ahead.
  • SUMMARY
  • REPORTS

  • 05 Dec 2019|Moody's Investors Service
    Our 2020 outlook for Latin American non-financial corporates is stable, supported by modest economic growth, along with companies’ solid balance sheets and adequate liquidity. In Argentina, however, recession, high funding costs and inflation all point to negative credit conditions.
    05 Dec 2019|Moody's Investors Service
    In 2020, Argentina's regional governments face an increasingly challenging operating environment, characterized by national policy changes and rising social pressures that will undermine their financial results and ability to refinance debt.

    VIDEO
    05 Dec 2019|Moody's Investors Service
    Simon Ainsworth from the Banking team discusses the increasing challenges for the sector in 2020, amid low interest rates, slowing economic growth and unpredictable operating environments. Read the report

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    PODCAST
    02 Dec 2019|Moody's Investors Service
    In this episode of Moody’s Talks – Structured Finance, Cecilia Chen and Kan Leung from the structured finance team discuss the outlook for China’s structured finance sector in 2020.
    OUTLOOK
    02 Dec 2019|Moody's Investors Service
    Delinquencies and defaults will increase slightly but overall remain low in most Chinese structured finance asset classes in 2020.

    Video
    27 Nov 2019|Moody's Investors Service
    Michael Haggarty from the Utilities team discusses the factors behind our move to a stable outlook, including supportive regulation and weaker but steady credit metrics. We expect the industry’s consolidated FFO-to-debt ratio to stay at around 15% to 16% over the next 12 to 18 months. Read the report.
    VIDEO

    OUTLOOK
    27 Nov 2019|Moody's Investors Service
    In 2020, moderate revenue growth among Japanese regional governments will offset expenditure pressures emanating from rising social welfare costs. Debt levels will remain high but stable, and regional governments will benefit from low funding costs.

    VIDEO
    27 Nov 2019|Moody's Investors Service
    David Rubinoff from the Sub-Sovereign team explains how China’s slowing GDP growth and rising SOE leverage pose credit challenges for the 31 Tier-1 Chinese regional and local governments that we monitor. Read the report.
    VIDEO

    VIDEO
    VIDEO
    21 Nov 2019|Moody's Investors Service
    Atsi Sheth from the Credit Strategy team explains how credit conditions in emerging markets will be driven by three themes in 2020: shifts in trade policy, political priorities and financial flows. Against this backdrop, emerging market debt issuers will be more vulnerable to sudden shocks.
    OUTLOOK
    21 Nov 2019|Moody's Investors Service
    Our negative outlook reflects continued slowing global and emerging market growth, with shifts in trade policy, political priorities and financial flows. Against this backdrop, emerging market debt issuers are more vulnerable to sudden shocks.

    VIDEO
    OUTLOOK
    19 Nov 2019|Moody's Investors Service
    We expect global credit conditions to weaken in 2020 as a result of lackluster economic growth, trade policy uncertainty and the effects of an unpredictable political and geopolitical environment.

    OUTLOOK
    14 Nov 2019|Moody's Investors Service
    The Global Macro Outlook sets out Moody’s Investor Service’s growth forecasts for G-20 and emerging economies, as well as analysis on global economic risks. Growth in advanced economies will be soft over the next two years, while emerging markets will start to recover. Key risks will center on trade negotiations and the political environment.