Reshaped Economies

The economic recovery faces a complex set of challenges, with three key developments likely to influence conditions in the coming months: the Russia-Ukraine crisis, the speed and extent of global monetary tightening, and China’s economic trajectory.

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Date	Type	Title\|601 DOCUMENTS
05 AUG 2022	Sector Comment	Pharmaceuticals – North America: Branded firms buffered from macro risks but generics face inflation and interest rate risksMOODY'S INVESTORS SERVICE
03 AUG 2022	Sector In-Depth	State-Owned Enterprises (SOEs) – China: Rated SOEs' leverage will remain stable at elevated levels in 2022-23MOODY'S INVESTORS SERVICE	.
02 AUG 2022	Sector In-Depth	Sovereigns – Europe: Credit-negative stagflation scenario now more likely in the EU, but country-specific exposures varyMOODY'S INVESTORS SERVICE
01 AUG 2022	Sector Comment	Macroeconomics – Cross Region: US and euro-area data confirm slowing economic momentumMOODY'S INVESTORS SERVICE
28 JUL 2022	Outlook	Nonfinancial Companies – Global Industry Sector Outlooks: ISOs balanced but sliding while overall credit fundamentals deteriorateMOODY'S INVESTORS SERVICE
25 JUL 2022	Sector In-Depth	Macroeconomics – US: Significant growth slowdown ahead, but recession could still be avoidedMOODY'S INVESTORS SERVICE
25 JUL 2022	Sector Comment	Macroeconomics – Europe: Growth in Europe's largest economies will sharply decelerate as energy crisis persistsMOODY'S INVESTORS SERVICE
25 JUL 2022	Sector Comment	Macroeconomics – Europe: ECB delivers 50bp hike and unveils anti-fragmentation toolMOODY'S INVESTORS SERVICE
21 JUL 2022	Sector In-Depth	Credit Conditions – Mexico : Sluggish growth constrains credit prospects across sectorsMOODY'S INVESTORS SERVICE
21 JUL 2022	Sector In-Depth	Nonfinancial Corporates – US: Cash pile declines 7% to $2.0 trillion as capex, other spending, hit record highsMOODY'S INVESTORS SERVICE