The 2021 Credit Summit for Fixed Income Investors was held on December 7 and featured two general sessions. The materials for both sessions are below and recordings will be on this page in the next few days.
Session One: Economic Update
Subadra Rajappa, Managing Director, Head of US Rates Strategy with Societe Generale discussed the economic layout as we move past the pandemic and into 2022.
[Session One Video]
Session Two: Auto Outlook & The Consumer
The consumer credit industry is evolving quickly which presents opportunities and challenges for investors. Our panels shared their take on the auto outlook and peeked into what the consumer is looking for in a vehicle. Speakers: Inna Bodeck, Vice President, Senior Analyst, Moody’s Investors Service; Nishit Madlani, Director, S&P Global, and; Michael Taiano, Senior Director, Fitch Ratings.
- Global Auto Sales Forecasts: Supply Disruption Slows Recovery (S&P Global)
- Sector can manage surge of residual value risk as electric vehicles come on line (Moody’s)
- Charge-offs drop materially, but delinquencies begin to inch up (Moody’s)
- Profitability solid despite drop from second quarter crest; asset quality set to weaken (Moody’s)