Coronavirus
Next Phase
Change brought on by the pandemic and lockdown is likely to accelerate a number of important shifts previously underway that could reshape markets and economies worldwide.
01Introduction
The coronavirus pandemic and resulting economic shock will accelerate changes in key long-term credit drivers, including the expansion of the government's role in economies, declining capital investment, new personal consumption patterns, migration to online activities, and trade relationships. Accelerated long-term disruptions could significantly affect credit across a wide range of sectors, especially as ample market liquidity and favorable financial conditions will not indefinitely forestall solvency problems. Read More