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Stock impact report

Wells Fargo forecasts sovereign credit rating shifts for emerging markets [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
rating alterations for several emerging market sovereigns in the forthcoming quarters. Their predictive model, which they believe is more forward-looking compared to major credit assessment agencies, indicates potential negative rating actions for Latin American countries such as Chile, Colombia, and Mexico in the coming year. The report further suggests that China, a significantly influential player in the global economy, might face a downgrade in its credit rating. This potential adjustment could have substantial ripple effects on the global economy. On a more optimistic note, despite the unexpected outcome in the recent elections, India is projected to receive a rating upgrade. Wells Fargo analysts maintain their confidence in the South Asian nation, citing its strong growth profile, commitment to reform, and ability to maintain fiscal stability as key factors for this potential upgrade. In assessing sovereign credit ratings, Wells Fargo employs a robust framework that take Show less Read more
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