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Stock impact report

Analysis-Emerging market credit ratings are finally looking up again [Yahoo! Finance Canada]

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
is growing that a decade-long deterioration in sovereign credit ratings has finally started to reverse. Economists watch ratings because they influence a country's borrowing costs and many are now highlighting a turnaround that seems incongruous with the usual warnings about rising debt pressures. According to Bank of America, almost three-quarters of all sovereign rating moves by S&P, Moody's and Fitch this year have been in a positive direction, compared with the almost 100% that went the other way in the first year of the COVID pandemic. ADVERTISEMENT With that and the spike in global interest rates now in the rear view mirror, more good news should be coming too. Moody's now has 15 developing economies on a positive outlook - rating firm parlance for an upgrade watch - one of its highest numbers ever. S&P has 17, while Fitch has seven more positive than negative outlooks, its best ratio since a post-global financial crisis rebound in ratings in 2011. Fitch's global hea Show less Read more
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