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

  • VIDEO
    14 Jan 2020|Moody's Investors Service
    The slowdown in global trade will continue to weigh on Europe’s open economies in 2020. At the same time, low fiscal buffers, monetary constraints and political fragmentation will limit the capacity of the region’s sovereigns to absorb economic or financial shocks.>> Read the Outlook

    VIDEO
    VIDEO
    09 Jan 2020|Moody's Investors Service
    Martin Petch of the Sovereign team discusses how the effects of trade tensions are spreading beyond exports to business investment, as well as the vulnerability of frontier markets to sudden shifts in market sentiment.>> Read the outlook

    Outlook
    07 Jan 2020|Moody's Investors Service
    Latin American governments’ slow progress in rebuilding lost fiscal flexibility is further complicated by rising social unrest across the region. This is weighing on business sentiment and investment, and undermining policy formation and fiscal consolidation efforts. However, improved debt structures and maturity profiles mitigate risks for some sovereign issuers.

    VIDEO
    VIDEO
    18 Dec 2019|Moody's Investors Service
    David Berge from the corporate finance team discusses how most segments of the industry are softening as slower growth and widening scope of tariffs weigh on earnings.>> Read the report

    VIDEO
    18 Dec 2019|Moody's Investors Service
    Bruce Clark of the Corporates team discusses our negative outlook on the auto sector, which is driven by our expectations of a continued decline in global light vehicle sales. We expect unit sales to decline 0.9% in 2020, following a projected 3.8% decline in 2019.>> Read the report
    VIDEO

    VIDEO
    VIDEO
    18 Dec 2019|Moody's Investors Service
    Navneet Agarwal of the Structured Finance team outlines how the credit quality and performance of collateralized loan obligations (CLOs) will weaken in 2020 as corporate leverage continues to steadily rise and CLO structural protections loosen. Issuance will also decline from its historically high levels over the past few years, owing to investor concerns about late-cycle credit risks and high funding costs.
    >> Read US CLO Report>> Read EMEA CLO Report

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    PODCAST
    13 Dec 2019|Moody's Investors Service
    Sonny Hsu and Minyan Liu from the Financial Institutions team discuss the 2020 outlook for the sector, amid a challenging operating environment with slowing economic growth and trade uncertainties.
    OUTLOOK
    12 Dec 2019|Moody's Investors Service
    Credit pressure will vary, with small banks, distressed asset management companies and leasing companies being more vulnerable due to their greater reliance on wholesale funding.

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    Podcast
    12 Dec 2019|Moody's Investors Service
    Steve Wood from the Corporates team and Jeff Pruzan from Ratings and Research talk about some of the headline risks that the broad oil and gas industry will face in 2020, including commodity prices, oversupply, energy companies’ access to credit markets, and political risk.
    12 Dec 2019|Moody's Investors Service
    Our 2020 oil and gas outlooks are stable for the integrated, exploration and production, and oilfield services and drilling sectors, as modest, range-bound oil and gas prices limit their gains in earnings. But stronger margins overall for pipeline operators and fuel producers support our positive outlooks for the midstream and refining and marketing sectors.