Chinese corporate debt is the 'biggest threat' to the global economy, says Moody's chief economist [CNBC]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.moodys.com/home/default.aspx
Company Research
Source: CNBC
Chinese corporate debt is the "biggest threat" to the global economy, warned a Moody's Analytics economist, who described such risks as a "very significant fault line." That followed similar comments by Fitch Ratings last week, which said that private companies in China have defaulted on their debts at a record pace this year. While corporate debt is a "fault line in the financial system and the broader economy," Moody's Chief Economist Mark Zandi flagged indebted Chinese companies as the larger risk. "I would point to Chinese corporate debt as the biggest threat," he said, adding that it's growing very rapidly in China. Zandi explained that many companies are struggling to deal with a slowdown in growth stemming from the trade war and other factors. "In the United States, it's similar kind of picture — not to the same degree — but we have seen very significant increase in so-called leveraged lending, as in lending to highly indebted companies, and they are vulnerable if the economy w
Show less
Read more
Impact Snapshot
Event Time:
MCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCO alerts
High impacting Moody's Corporation news events
Weekly update
A roundup of the hottest topics
MCO
News
- Rising Housing Prices Force Adult Kids Back Home; Thrivent Study Finds [Yahoo! Finance]Yahoo! Finance
- Northwestern Mutual 2023 Sustainability and Social Impact Report: A Better Tomorrow [Yahoo! Finance]Yahoo! Finance
- What Analyst Projections for Key Metrics Reveal About Moody's (MCO) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Strong Global Bond Issuances to Aid Moody's (MCO) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-Moody's downgrades Bolivia rating to 'Caa3', changes outlook to stable [Yahoo! Finance]Yahoo! Finance
MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website