S&P Global Ratings’s Chan Sees Bumpy Credit Conditions in APAC

The video discusses the gloomy economic indicators in the US, highlighting a one in three chance of recession in the next 12 months. It examines corporate debt levels and the risks associated with an economic slowdown, noting that low interest rates have kept defaults low but may not persist. The video identifies sectors like auto, capital goods, and retail, and regions like China, as being at greater risk. It concludes with an overview of global financial conditions, noting central bank actions and the challenges of slowing economies.

What are the implications of low interest rates on corporate debt and defaults?

Which sectors or countries are identified as being at greater risk in the current economic situation?