Equities: Here is the MSCI World Index performance after major epidemics.
Credit: The chart below shows the annual default counts and defaulted debt volumes over time.
Issuer-weighted default rates increased in 2019, led by energy and retail.
Energy: Fitch Solutions now expects an even faster pace of adoption of alternative energy sources in China.
China: China’s loss of US import market share has been concentrated in tariffed goods.
Japan: Deposit and security firms in Japan have been actively turning to positive-yielding assets abroad since domestic interest rates turned negative.
Food for Thought: A potential surprise in the Iowa Democratic caucuses?
Edited by Devon Lall
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