James Langton
After a year of record negativity, credit rating outlooks have now turned slightly positive, Moody’s Investors Service said on Thursday.
In a new report, the rating agency said the balance of industry sector outlooks at the start of 2021 has tilted to the positive.
Moody’s said seven sectors now enjoy positive outlooks, just five are negative, and 35 sectors have stable outlooks.
Sector outlooks reflect the rating agency’s view on an industry for the coming 12 to 18 months,
“For the first time since mid-2019, there are more positive than negative outlooks, with many industry segments showing improvement, and in some cases, nearly close to their pre-pandemic levels,” said Edmond DeForest, vice president and senior credit officer at Moody’s, in a release.
James Langton
After a year of record negativity, credit rating outlooks have now turned slightly positive, Moody’s Investors Service said on Thursday.
In a new report, the rating agency said the balance of industry sector outlooks at the start of 2021 has tilted to the positive.
Moody’s said seven sectors now enjoy positive outlooks, just five are negative, and 35 sectors have stable outlooks.
Sector outlooks reflect the rating agency’s view on an industry for the coming 12 to 18 months,
“For the first time since mid-2019, there are more positive than negative outlooks, with many industry segments showing improvement, and in some cases, nearly close to their pre-pandemic levels,” said Edmond DeForest, vice president and senior credit officer at Moody’s, in a release.
Moody s Industry sector outlooks regain balance, but recovery remains fragile, uncertain
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For the first time since mid-2019, there are more positive than negative outlooks.
NEW YORK (Web Desk) - The distribution of its industry sector outlooks (ISOs) is in a mildly positive posture as 2021 begins, after a record negative tally at the end of June, Moody’s Investors Service says in a new report. At the end of the fourth quarter of 2020, seven industry sectors outlooks were positive and five were negative, while 35 were stable.
Moody’s industry sector outlooks reflect its expectations for fundamental business conditions in a given sector over the next 12 to 18 months.