July Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the July Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 20,000 credit analysts at 40 of the world’s leading financial institutions. Drawn from more than 800,000 contributed credit observations, the CCI tracks the […]
Default Risk Mounts for US, UK Retail Sectors: July 2020
To download the July 2020 Retail Aggregate PDF, click here. The blows to the US retail sector continue. Well-known names declaring bankruptcy include Neiman Marcus, JC Penny, J. Crew, Tuesday Morning and GNC. More recently, Lucky Brand, Brooks Brothers, and Sure La Table have joined the list. One analysis is even suggesting the recent COVID-19-induced […]
Mid-July Industry Monitor
Download the Mid-July Industry Monitor infographic below. Credit Benchmark have released the mid-month industry update for July, based on a partial subset of the contributed credit risk estimates from 40+ global financial institutions. In the update, you will find: Compared to the figures seen in the June End-of-Month Update, the July Mid-Month Industry Monitor shows: […]
Financial Institutions Credit Risk Monitor: July 2020
The new Financial Institutions Credit Risk from Credit Benchmark provides a unique analysis of the changing creditworthiness of financial institutions. The report, which covers banks, intermediaries, buy-side managers, and buy-side owners, summarizes the changes in credit consensus of each group as well as their current credit distribution and count of entities that have migrated from […]
June End-of-Month Credit Update
Download full June End-of-Month Credit Update infographic below. Credit Benchmark has released the latest end-of-month consensus credit data (from May 2020), based on the final and complete set of contributed credit risk estimates from 40+ global financial institutions. This final update takes into account the credit movements of ~26,000 separate legal entities. In the update, […]
Default Risk Increasing Quickly for US, UK Auto Sectors
To download the June 2020 Auto Aggregate PDF, click here. Fewer cars bought. Fewer miles driven. Less travel. Reduced or eliminated paychecks and massive spikes in unemployment. The problems are legion for the US auto sector. Even with some initial estimates of the difficulties proving to be overstated, credit challenges could remain with the US […]
Default Risk for US Oil & Gas Sector Continues to Rise: June 2020
To download the June 2020 Oil & Gas Aggregate PDF, click here. . Each monthly credit update brings more bad news for the energy sector. Even with positive signs, such as increased air travel and the gradual reopening of the economy, demand remains suppressed. Default risk continues to surge and shows no sign of immediate […]
Credit Quality for US Housing Sector Getting Worse: June 2020
To download the June 2020 Housing Aggregate PDF, click here. . A myriad of problems are confronting the US housing market — far fewer homes are being built and new construction planning processes are diminishing. The rate of home sales is also falling. While there is some evidence emerging that things are beginning to look […]
Fallen Angels: Growing Numbers Signal 2020 Default Spikes
Rating agency downgrades have hit unprecedented levels over the past few months, but the majority of the downgrades have been for companies that were already classed as high yield. Fallen Angels – companies that cross the boundary from Investment Grade to Junk – are still in a minority, as agencies (and their corporate clients) display an understandable reluctance to avoid the “BBB cliff”.
June Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the June Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 20,000 credit analysts at 40 of the world’s leading financial institutions. Drawn from more than 800,000 contributed credit observations, the CCI tracks the […]
