Fitch: Coronavirus will accelerate key long-term shifts for credit
In the context of the coronavirus pandemic and COVID-19 disease, the global rating Agency Fitch published an analysis suggesting changes in long-term lending factors.
Key points in tchete:
The coronavirus pandemic and the associated economic shock will accelerate changes in key drivers of long-term lending, including an expanded role for government in the economy, reduced investment, new personal consumption patterns, a shift to online activities, and trade relations.
Accelerated long-term disruptions can significantly affect lending in a wide range of sectors, especially because sufficient market liquidity and favorable financial conditions will not indefinitely prevent solvency problems.
Given the current market attention to updates on coronavirus, long-term news seems less interesting to traders. As a result, S&P500 futures increase profits on wall street trading to the level of 3055, increasing by 0.25% for the trading day.