02 Dec 2019|Moody's Investors Service
Policy focus is shifting toward maintaining stability as trade uncertainty continues to weigh on China’s economic outlook. As a result, public sector leverage will rise modestly, led by state-directed investment.
Corporates – Latin America: Credit conditions will remain stable overall in 2020 but will deteriorate in Argentina
21 Nov 2019|Moody's Investors Service
We expect stable credit conditions for nonfinancial companies in most of Latin America in 2020, despite political noise in Mexico, slow growth in Brazil, and an outsized dependence on commodities in Chile and Peru. In Argentina, however, a recession, high funding costs, and inflation all point to negative credit conditions.
Credit Conditions – United Kingdom: Weakening policy framework and operating environment affects domestic issuers
18 Nov 2019|Moody's Investors Service
The UK's policy framework has weakened over the past two years, with implications for the economic and investment climate for domestic issuers. The UK's broad fiscal framework has also weakened with successive governments shifting from fiscal tightening to large, permanent increases in public spending.
13 Nov 2019|Moody's Investors Service
In our new publication, State of the European Consumer, we highlight how record employment and positive wage growth will sustain modest consumption growth throughout the European Union over the next six to 12 months. However, prospects of deteriorating global economic conditions are constraining consumer confidence, which is limiting some types of spending.
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.
Global Macro Outlook 2020-21: Global growth will remain sluggish as large engines of economic activity slow
14 Nov 2019|Moody's Investors Service
We do not expect the global economy to enter a recession in 2020 or 2021. However, the current economic environment is characterized by structurally low growth, low inflation and limited policy space, making the global economy more vulnerable to negative developments.