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  • 12 Dec 2017
    • Stable 2018 outlook for global diversified technology sector
      Smartphones and software will drive solid revenue and robust earnings growth in 2018, with Apple and Microsoft having an outsized impact. Full Report
    • 2018 outlooks for global base metals, US steel and US sectors coal are stable
      Improved supply/demand fundamentals for most metals will hold in 2018, while US steel’s price recovery and better capacity utilization will also continue. The US coal sector’s cumulative EBITDA will remain roughly flat or grow in line with inflation. Full Report
    • US government’s tax proposals would benefit all but highly leveraged companies
      The benefits of a tax rate cut and full upfront capex deductibility would outweigh the cost of a limit on interest deductibility for most investment-grade firms, though an interest deductibility limit would be credit negative for most issuers. The Senate plan would be particularly detrimental to low-rated speculative grade issuers and the private equity LBO strategy. Full Report
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  • Moody’s Credit Assessment™ is provided by Moody’s Credit Assessment, Inc. Moody’s Credit Assessment™ is not a Moody’s Investors Service credit rating and is solely based on publicly available information.