COVID-19 Economic Crisis Will Bring A Tidal Wave Of Company Defaults In 2020 And 2021
March saw a wave of corporate credit rating downgrades. Unfortunately, along with ratings, multiple macroeconomic and market signals show that a wave of company defaults is coming our way, both in 2020 and 2021. Moody’s Investors Services had 84 downgrades in March. This level of downgrades is on …