Moody’s Talks – The Big Picture

Computers are not just on your desk. They're in your phones, your cars, your microwave. Even washing machines are now computers. And the demand for the computer chips that these products use is an increasing focus not just for investors but also for governments globally. In this episode, we discuss how this intervention is impacting the big players and where the market is headed with our lead analyst for Nvidia and Intel, Raj Joshi.Speaker: Raj Joshi, Senior Vice President at Moody's RatingsHost: Colin Ellis, MD-Global Credit Strategist at Moody's Ratings Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Exploring corporate default trends and distress exchanges in 2023, with a focus on regional shifts in North and Latin America. Predictions for a decline in default rate to 3.6% by 2024, influenced by rate cuts, private lending, and potential risks like inflation and energy shocks

Female labour participation rates have more than recovered losses sustained during the pandemic. The associated boost in economic activity and support to households is positive for a range of issuers.Speakers: Dawn Holland, Director-Economic Research at Moody's Analytics; Ana Rayes, VP-Senior Analyst at Moody's Investors ServiceHost: William Foster, Senior Vice President at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Around €300 billion of European spec-grade corporate debt needs refinancing by 2026, but uncertain market access, slower growth and higher interest rates increase risks for some lower rated entities. Speaker: Martin Hallmark, Senior Vice President-CFG at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Guests William Foster and David Rogovic discuss the recent wave of sovereign defaults, exploring the reasons behind the defaults and the challenges faced in debt restructuring. They analyze the causes and consequences of the defaults, regional variations in debt burdens, and the absence of a global framework for debt restructuring. The podcast also addresses coordination problems in sovereign debt and the impact of defaults on global investment, emphasizing the need for countries to establish robust frameworks and policies to instill investor confidence.

Strong policies, innovation and falling costs are set to propel green capital spending this year. However, a busy election calendar and slowing economic growth could temper that momentum.Speaker: Rahul Ghosh, MD-Sustainable Finance at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A $4 billion fine for the cryptocurrency exchange Binance indicates greater regulatory focus that could bring more security and confidence to the crypto sector.Speaker: Cristiano Ventricelli, VP-Senior Analyst/DFDA at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Big Picture podcast, we delve into the factors underpinning our recent decision to change the outlook on the Chinese sovereign rating to negative.Speaker: Gene Fang, Associate Managing Director - Sovereign Risk Group at Moody's Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The conflict's credit effects should be limited to Israeli issuers, but an escalation that disrupts global energy and financial markets would widen the scope significantly.Speakers: Kathrin Muehlbronner, Senior VP-Sovereign Risk at Moody's Investors Service; Laura Perez,  Associate MD-Credit Strategy at Moody's Investors ServiceHost: William Foster, Senior Vice President at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the Big Picture podcast, we delve into the reasons behind our outlook change, factors supporting the Aaa rating and opportunities to slow a decline in fiscal strength.Speaker: William Foster, Senior Vice President at Moody’s Investors ServiceHost: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.