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JPMorgan has revised its forecast for emerging market corporate defaults, anticipating a decrease following market improvements. Fitch Ratings projects a slight weakening in global structured finance asset performance in the second half of 2024. Fitch also highlights persistent challenges for the US and China in the global credit outlook, with expectations of a growth slowdown in the US and difficulties in China's housing sector.
The outcome of November’s #US elections could significantly impact the #federal policy with implications for #credit, #Fitch Ratings says
Fitch Ratings forecasts a potential slowdown in US economic growth in the second half of 2024, while also anticipating challenges ahead for China's housing sector. #GlobalCreditOutlook2024
FITCH ON 2024 GLOBAL CREDIT OUTLOOK: WE CONTINUE TO SEE MATERIAL GROWTH SLOWDOWN IN THE US IN 2H24 WHILE PERSISTENT CHALLENGES FACE CHINA'S HOUSING SECTOR.
